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Akzo Nobel Coatings GmbH Kruppstraße 30 70469 Stuttgart, Germany http://www.akzonobel.de
Contact Ms Diana Abrahams +31 20 502 7833
Company logo of Akzo Nobel Coatings GmbH
Akzo Nobel Coatings GmbH

AkzoNobel Q2 2016 Results: Continued volume growth with improved profitability across all Business Areas

A strong adverse currency impact

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Volumes up 1 percent, driven by Decorative Paints and Performance Coatings
EBIT (operating income excluding incidental items) up 9 percent at €491 million (2015: €452 million), reflecting continuous improvement initiatives and lower costs, partly offset by adverse currency effects
Revenue down 6 percent to €3.7 billion, strongly adversely affected by currencies
Return on sales* improved to 13.2 percent (2015: 11.4 percent); return on investment* improved to 15.1 percent (2015: 12.2 percent). ROS and ROI improved for all Business Areas
Adjusted earnings per share (EPS) up 2 percent at €1.32 (2015: €1.30)
Net income attributable to shareholders up at €312 million (2015: €331 million, which oahkqobl zokjypfr wiegtktvqz bfwkh)
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.