Akzo Nobel N.V.
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Publicatie datum
29 jul 2009 - 08:40
Statutaire naam
Akzo Nobel N.V.
Titel
AkzoNobel publishes Q2 2009 Results
Bericht
Brief overview:
• Revenue declined 10 percent to €3,668 million
• Volumes down 16 percent (Q1 2009: 17 percent)
• ICI integration and additional restructuring well on track
• Cost reduction, margin management and innovation underpinned EBITDA margin
• EBITDA before incidentals of €527 million, margin at 14.4 percent (year-to-date: 11.9 percent)
• Net income of €155 million down 13 percent (Q1 2009 €7 million loss)
• Operating working capital reduced to 16.3 percent (Q2 2008: 17.1 percent)
• Forward visibility limited due to continuing uncertain economic development
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Datum laatste update: 02 september 2024