Decorative Paints – Overview

  • Volumes flat compared with the previous year
  • Revenue down 8 percent due to divestments, adverse currency effects and an adverse price/mix effect, largely driven by the sale of the German stores
  • Effects of restructuring programs in Europe contributing to results
  • Operating income up 6 percent, ROS at 10.8 percent (2013: 9.4 percent)

Volumes in Decorative Paints were flat compared with 2013. Market conditions in Europe remained challenging, while volumes were higher in Asia. Compared with last year, revenue was down 8 percent due to the divestment of Building Adhesives and the adverse price/mix effect driven by the sale of our German stores. Operating income was higher than 2013, mainly due to lower restructuring expenses.

Revenue development Q3 2014

Decorative Paints – Revenue development Q3 2014 (bar chart)Decorative Paints – Revenue development Q3 2014 (bar chart)