Revenue
- Volume in Decorative Paints was up compared with 2013. The market conditions in Europe remained challenging with lower volumes while volumes were higher in Asia. Revenue in Decorative Paints declined 6 percent due to a 6 percent adverse currency effect driven by Latin America and Asia and 4 percent from the divestment of Building Adhesives. Price/mix was positive in all three regions
- Volume in Performance Coatings was up compared with 2013. Revenue was 1 percent lower due to a 6 percent adverse currency effect
- Volume in Specialty Chemicals was higher compared with 2013 as a result of better market conditions in Functional Chemicals and the absence of the previous year’s production issues, notably in Industrial Chemicals. Revenue declined, due to adverse currency developments and divestments
|
1st quarter |
|
|
||||
|
in € millions |
2013 |
2014 |
∆% |
|||
|
Decorative Paints |
925 |
865 |
(6) |
|||
|
Performance Coatings |
1,331 |
1,319 |
(1) |
|||
|
Specialty Chemicals |
1,244 |
1,222 |
(2) |
|||
|
Other activities/eliminations |
(35) |
(23) |
|
|||
|
Total |
3,465 |
3,383 |
(2) |
|||
Revenue development Q1 2014
|
in % versus Q1 2013 |
Volume |
Price/mix |
Divestments |
Exchange |
Total |
|||||
|
Decorative Paints |
1 |
3 |
(4) |
(6) |
(6) |
|||||
|
Performance Coatings |
3 |
2 |
– |
(6) |
(1) |
|||||
|
Specialty Chemicals |
2 |
1 |
(1) |
(4) |
(2) |
|||||
|
Total |
2 |
2 |
(1) |
(5) |
(2) |
|
Volume development per quarter |
Q1 13 |
Q2 13 |
Q3 13 |
Q4 13 |
Q1 14 |
|||||
|
Decorative Paints |
(1) |
4 |
5 |
5 |
1 |
|||||
|
Performance Coatings |
(3) |
– |
2 |
2 |
3 |
|||||
|
Specialty Chemicals |
(4) |
(5) |
– |
3 |
2 |
|||||
|
Total |
(3) |
– |
2 |
4 |
2 |
|
Price/mix development per quarter |
Q1 13 |
Q2 13 |
Q3 13 |
Q4 13 |
Q1 14 |
|||||
|
Decorative Paints |
(2) |
(2) |
2 |
– |
3 |
|||||
|
Performance Coatings |
1 |
– |
– |
1 |
2 |
|||||
|
Specialty Chemicals |
(2) |
(2) |
– |
(2) |
1 |
|||||
|
Total |
(1) |
(1) |
1 |
(1) |
2 |