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Akzo Nobel N.V.

Akzo Nobel N.V.

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Publicatie datum 17 apr 2014 - 07:11
Statutaire naam Akzo Nobel N.V.
Titel AkzoNobel publishes Q1 2014 results
Bericht April 17, 2014 • Volume and price/mix development positive in all three Business Areas • Revenue down 2 percent due to 5 percent currency effects • Restructuring costs of €44 million (2013 €29 million). Excluding these, ROS% is 7.7 percent (2013: 7.1 percent) • Operating income at €216 million (2013: €217 million) reflects adverse currencies and €15 million higher restructuring costs • Net income attributable to shareholders at €129 million increased (2013: €89 million) mainly due to lower financing expenses • Adjusted EPS at €0.61 (2013: €0.51) • Net cash outflow from operating activities was €552 million (2013: €406 million) • On track to deliver 2015 targets despite expected continued fragile economic environment and volatile currencies in 2014