AkzoNobel shares are up 7% in Amsterdam today, after the Dutch paint and coatings supplier reported relatively resilient Q1 2025 results, despite weak markets.
EBITDA finally slipped just 2% to €357m, with the corresponding margin down 0.1 point to 13.7% on revenue that is down 1% to €2.61bn, albeit stable on an organic basis.
We delivered a better-than-expected quarter with positive pricing and strong cost reductions. Our efficiency measures are paying off and enabling us to offset weak markets and persistent inflation, management said.
Subject to ongoing market uncertainties and at constant exchange rates, AkzoNobel expects adjusted EBITDA for 2025 to exceed €1.55bn. In the medium term, it is targeting an adjusted EBITDA margin of more than 16% and a ROI of between 16% and 19%.
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AkzoNobel: paints town red after quarterly results
Published on 04/23/2025 at 07:16
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