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Decorative Paints – Overview

  • Revenue up 1 percent, mainly driven by favorable price/mix and currency impact
  • Continued weak demand across most of our markets negatively affected Q3 volumes
  • As a consequence, EBITDA down 1 percent at €147 million
  • Active cost containment in all our businesses to mitigate the adverse economic conditions
  • Additional restructuring actions being initiated in Europe

Revenue grew 1 percent, mainly due to price/mix and positive currency effects. Volumes continued to be negatively affected by the general economic slowdown in global markets, with the exception of China where we achieved strong volume growth. Despite the volume decline, we have been able to maintain or increase our relative market share in most of our markets. We were able to reverse the negative EBITDA trend from 8 percent negative in Q2 to flat in Q3. Additional restructuring actions are being initiated in Europe.

Revenue development Q3 2012

Decorative Paints – Revenue development Q3 2012 (bar chart)
Decorative Paints – Brands (logos)
Copyright © 2012 Akzo Nobel N.V.