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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Akzo Nobel    AKZA   NL0013267909

AKZO NOBEL

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AkzoNobel : Paint the Future AkzoNobel Startup Challenge now open

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01/11/2019 | 07:28pm EDT

The first edition of the Paint the Future - AkzoNobel Startup Challenge is now open. Spearheaded by the company's chief technology officer... "We can't wait to see what exciting developments this collaborative experience brings to the paints and coatings industry," says AkzoNobel CEO Thierry Vanlancker. "We're driven to create value for our customers, passionate about what we do and always looking ahead. Now, we're looking to go even further, painting the future together with the world's coolest innovators."

Adds Kruithof: "Paints and coatings is a dynamic, technology-driven industry. We know the future lies in working with others and being open to cross-industry solutions. Exploring the new technology frontier, we will be able to introduce new features, improved products and more ways to delight our customers - and accelerate some truly exciting innovations."

Launched in partnership with KPMG, the challenge focuses on five key areas:

- Smart application

- Enhanced functionality

- Circular solutions

- Life science infusion

- Predictable performance

For more information, and to register, go to www.letspaintthefuture.com. The deadline for new submissions is 1 March 2019, and participants on the platform will continue to explore, discuss and enrich ideas until 12 March, after which AkzoNobel experts will select finalists to participate in the finals event in Amsterdam 14-16 May. Shortly thereafter, the company will begin working with winners on sustainable business opportunities.

(c) All rights reserved. 2019. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2019 9 602 M
EBIT 2019 1 036 M
Net income 2019 601 M
Debt 2019 -
Yield 2019 2,60%
P/E ratio 2019 27,93
P/E ratio 2020 20,89
EV / Sales 2019 1,89x
EV / Sales 2020 1,78x
Capitalization 18 113 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 88,0 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Thierry F. J. Vanlancker Chief Executive Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Ruud Joosten Chief Operating Officer
Maarten de Vries Chief Financial Officer
Peggy Bertha Bruzelius Member-Supervisory Board
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