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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  AkzoNobel    AKZA   NL0000009132

AKZONOBEL (AKZA)
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AkzoNobel : Paint the Future AkzoNobel Startup Challenge now open

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01/11/2019 | 06:28pm EST

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 2018 9 241 M
EBIT 2018 830 M
Net income 2018 2 405 M
Finance 2018 4 456 M
Yield 2018 2,53%
P/E ratio 2018 8,15
P/E ratio 2019 26,54
EV / Sales 2018 1,44x
EV / Sales 2019 1,59x
Capitalization 17 764 M
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Number of Analysts 20
Average target price 83,9 €
Spread / Average Target 19%
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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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