Akzo Nobel NV
F:AKUP

Watchlist Manager
Akzo Nobel NV Logo
Akzo Nobel NV
F:AKUP
Watchlist
Price: 19.1 EUR -2.05% Market Closed
Market Cap: €9.8B

Akzo Nobel NV
Investor Relations

Akzo Nobel makes paints and coatings. Its products include decorative paints for homes and buildings, plus industrial coatings that protect things like metal structures, ships, cars, and factories from wear and corrosion. It sells well-known paint brands to consumers and professional painters, and it supplies tailored coating systems to industrial customers. The company makes money by selling finished coatings through retail stores, distributors, and direct sales to businesses. A lot of its business depends on brands, product quality, color matching, and technical support, because many customers need coatings that are not just colorful but also durable, weather-resistant, or chemically tough. What makes Akzo Nobel different is that it sits at the specialized end of the materials chain. It is not just a commodity chemical producer; it develops formulas and surface-protection systems that help buildings look good and help industrial assets last longer. That gives it a mix of consumer exposure, steady maintenance demand, and long-term relationships with professional and industrial buyers.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 22, 2026
AI Summary
Q2 2026

Growth and margins: AkzoNobel said Q2 delivered 2% organic sales growth, 3% pricing, flat volumes, and another quarter of year-over-year margin expansion.

Profitability: Adjusted EBITDA was EUR 398 million, up 5% at comparable scope, with adjusted EBITDA margin at 15.4% and adjusted gross margin at 42.7%.

Outlook unchanged: Management left its 2026 adjusted EBITDA target at or above EUR 1,470 million and guided Q3 adjusted EBITDA at around EUR 390 million.

Cost actions: The company said pricing is covering current inflation and that industrial savings, including EUR 90 million this year, remain the main driver of the full-year step-up.

Axalta deal: Merger preparations are on track, with the shareholder vote set for August 5 and management still aiming to close by the end of 2026 or early 2027.

Cash flow: Free cash flow was EUR 108 million in Q2, trade working capital improved, and full-year cash flow guidance was unchanged.

Portfolio and Russia: Management said its Deco portfolio strategy is unchanged, Southeast Asia remains under review, and the Russia business is not material to group guidance.

Key Financials
Organic sales growth
2%
Pricing
3%
Volume growth
flat
Adjusted gross margin
42.7%
Adjusted EBITDA margin
15.4%
Adjusted EBITDA
EUR 398 million
Total revenue
down 1%
Trade working capital
15.6% of revenue
Return on investment
13.8%
Free cash flow
EUR 108 million
Net leverage
2.2x
2026 adjusted EBITDA target
at or above EUR 1,470 million
Q3 adjusted EBITDA guidance
around EUR 390 million
CapEx
roughly EUR 300 million
Identified cash out items
roughly EUR 250 million
Scope 1 and 2 carbon emissions target
50% reduction
Merger synergies
north of $600 million
Revenue synergy uplift
100 to 200 basis points
Russia net assets
EUR 214 million
Russia FX on balance sheet
EUR 449 million
China sales exposure
less than 2% of sales
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
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett