Akzo Nobel ( (AKZOY) ) has released its Q1 earnings. Here is a breakdown of the information Akzo Nobel presented to its investors.
Akzo Nobel N.V. is a leading global company in the paints and coatings industry, known for its innovative products and commitment to sustainability, with a presence in over 150 countries. In the first quarter of 2025, Akzo Nobel reported a slight decline in revenue by 1% compared to the same period in 2024, with operating income significantly impacted by restructuring costs, reducing it to €192 million from €261 million. Despite these challenges, the company managed to maintain its adjusted EBITDA at €357 million, thanks to higher prices and strong cost reduction measures. Key financial metrics showed a mixed performance, with organic sales remaining flat and a slight increase in adjusted EBITDA margin for Performance Coatings, while Decorative Paints saw a decline. Looking ahead, Akzo Nobel remains optimistic, expecting to achieve an adjusted EBITDA above €1.55 billion for 2025, with a focus on expanding profitability and maintaining a strong credit rating.