- Decorative Paints revenue grew 1 percent mainly due to margin management and favorable currency effects. Volumes continue to be negatively affected by the general economic slowdown in the global markets, with the exception of China where we achieved strong volume growth.
- In Performance Coatings, revenue increased by 13 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). Volumes were flat with continued variability between individual markets.
- Specialty Chemicals faced softer volumes in most product lines, with volumes during the quarter being 2 percent below the previous year.
|
3rd quarter |
|
|
January - September | |||||||||
|
2011 |
2012 |
Δ% |
in € millions |
2011 |
2012 |
Δ% | ||||||
|
1,435 |
1,456 |
1 |
Decorative Paints |
4,092 |
4,249 |
4 | ||||||
|
1,295 |
1,467 |
13 |
Performance Coatings |
3,844 |
4,308 |
12 | ||||||
|
1,349 |
1,393 |
3 |
Specialty Chemicals |
4,050 |
4,223 |
4 | ||||||
|
(28) |
(36) |
|
Other activities/eliminations |
(76) |
(122) |
| ||||||
|
4,051 |
4,280 |
6 |
Total |
11,910 |
12,658 |
6 | ||||||
Revenue development Q3 2012
|
in % versus Q3 2011 |
Volume |
Price/mix |
Acquisitions |
Exchange |
Total | |||||
|
Decorative Paints |
(6) |
2 |
– |
5 |
1 | |||||
|
Performance Coatings |
– |
3 |
3 |
7 |
13 | |||||
|
Specialty Chemicals |
(2) |
(1) |
1 |
5 |
3 | |||||
|
Total |
(3) |
2 |
1 |
6 |
6 |
|
Volume development per quarter |
Q3 11 |
Q4 11 |
Q1 12 |
Q2 12 |
Q3 12 | |||||
|
Decorative Paints |
4 |
2 |
(4) |
(2) |
(6) | |||||
|
Performance Coatings |
1 |
(2) |
(1) |
(2) |
– | |||||
|
Specialty Chemicals |
(1) |
(4) |
(1) |
(2) |
(2) | |||||
|
Total |
1 |
(2) |
(3) |
(2) |
(3) |
|
Price/mix development per quarter |
Q3 11 |
Q4 11 |
Q1 12 |
Q2 12 |
Q3 12 | |||||
|
Decorative Paints |
3 |
4 |
6 |
5 |
2 | |||||
|
Performance Coatings |
7 |
7 |
8 |
6 |
3 | |||||
|
Specialty Chemicals |
8 |
5 |
1 |
2 |
(1) | |||||
|
Total |
6 |
6 |
5 |
4 |
2 |