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Performance Coatings – Overview

  • Revenue up 12 percent, supported by margin management, acquisitions and currency effects
  • Underlying volume declined by 2 percent, with significant variability between individual markets
  • EBITDA margin at 14.5 percent (2011: 13.0 percent) driven by margin management and operational efficiency
  • Integration of acquired activities supporting results
  • Protective Coatings and Industrial Coatings were the strongest growth contributors

Revenue increased 12 percent compared with the previous year. The strongest growth came from Industrial Coatings (due to acquisitions) and Marine and Protective Coatings (from strong demand in Protective Coatings). Volume declined with significant variability between individual activities. Margin management initiatives are ongoing in response to continued raw material price increases. In mature markets, where activity levels are lower, there is a greater focus on cost control and restructuring activity.

Revenue development Q2 2012

Performance Coatings – Revenue development Q2 2012 (bar chart)
Performance Coatings – Brands (logos)
Copyright © 2012 Akzo Nobel N.V.