Akzo Nobel NV
AEX:AKZA

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Akzo Nobel NV Logo
Akzo Nobel NV
AEX:AKZA
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Price: 54.38 EUR 0.55%
Market Cap: 9.3B EUR

Akzo Nobel NV
Investor Relations

In the world of coatings and specialty chemicals, Akzo Nobel NV stands as a titan, weaving its legacy across various industries since its inception. With roots stretching back to the 17th century, Akzo Nobel has undergone numerous transformations, mergers, and market expansions to carve out its niche. Today, the company thrives on its two core segments: Paints & Coatings and Specialty Chemicals. The Paints & Coatings division, which includes well-renowned brands like Dulux, flexes its muscle in providing decorative paints and performance coatings for industrial and consumer use. This segment's success hinges on innovation, vibrant color offerings, and a focus on sustainability, positioning Akzo Nobel as a leader in environments ranging from home interiors to high-tech industrial surfaces. The company's dedication to high-quality products resonates with its customers, driving revenue and profitability.

On the flip side, the Specialty Chemicals division plays a crucial role in Akzo Nobel's financial ecosystem. Although divested in 2018 as Nouryon, this segment had historically contributed significantly to Akzo Nobel’s portfolio, underscoring the company’s strategic prowess in understanding market demands and focusing on core competencies. Akzo Nobel’s revenue model is intricately layered, leveraging global manufacturing facilities and its vast distribution network to deliver products cost-effectively across diverse markets. The firm’s efforts in sustainability and cutting-edge research continue to shape its future, ensuring that every brushstroke of paint resonates with its commitment to quality, environment, and its overarching corporate philosophy. This comprehensive approach to business helps Akzo Nobel sustain its competitive edge in a sector that is both fiercely competitive and ever-evolving.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 22, 2025
AI Summary
Q3 2025

Solid Quarter: AkzoNobel delivered a solid Q3 despite weak market conditions, with adjusted EBITDA of EUR 385 million and margins slightly up year-on-year.

Efficiency Gains: Cost savings programs are ahead of plan, with EUR 63 million in net operating expense savings year-to-date and 2,500 positions reduced.

Cash & Leverage: Free cash flow strengthened to EUR 265 million for the quarter, and leverage improved to 2.8x, with further improvements expected post-India transaction.

India Disposal: The sale of Indian Decorative Paints is on track to close in December, generating proceeds for deleveraging and a EUR 400 million share buyback starting January.

Litigation Provision: A EUR 300 million provision was taken for the Ichthys litigation in Australia, but management maintains they are not liable and are vigorously defending.

Guidance Maintained: Full-year adjusted EBITDA guidance of around EUR 1.48 billion was reiterated, with Q4 expected to show similar trends to Q3.

Key Financials
Adjusted EBITDA
EUR 385 million
Adjusted EBITDA Margin
15.1%
Free Cash Flow
EUR 265 million
Leverage Ratio
2.8x
SG&A Savings (annualized)
at least EUR 175 million
Headcount Reduction
2,500 positions
Operating Working Capital
16.7% of revenue
DIO (Days Inventory Outstanding)
103 days
Return on Investment
13.3%
Decorative Paints Margin
17.4%
Decorative Paints Organic Growth
2%
Performance Coatings Organic Sales
-1%
Q3 Provision for Litigation
EUR 300 million
Interim Dividend
EUR 0.44
Earnings Call Recording
Other Earnings Calls

Management

Mr. Grégoire Poux-Guillaume
CEO & Chairman of the Management Board
No Bio Available
Mr. Maarten Jan de Vries
CFO & Member of Management Board
No Bio Available
Roger Jakeman
Chief Technology Officer
No Bio Available
Mr. Kyung Seok Chae
Head Of Investor Relations
No Bio Available
Ms. Charlotte van Meer
General Counsel
No Bio Available
Mr. Leslie McGibbon
Global Head of Communications & Public Affairs and Corporate Director
No Bio Available
Mr. Armand Sohet
Chief Human Resources Officer
No Bio Available
Mr. Renier Vree
Chief Financial Officer of Specialty Chemicals Business
No Bio Available
Mr. Charles W. Shaver
CEO of Specialty Chemicals
No Bio Available
Ms. Karen-Marie Katholm
Chief Integrated Supply Chain Officer
No Bio Available

Contacts

Address
NOORD-HOLLAND
Amsterdam
Christian Neefestraat 2, PO Box 75730
Contacts
+31205027555.0
www.akzonobel.com