Revenue
- Revenue in Decorative Paints was up 6 percent, mainly driven by favorable currency effects. Volumes for the second quarter were up in Asia, while volumes were down for Europe and Latin America
- Revenue in Performance Coatings was up 8 percent across the reporting units, benefiting from favorable currencies and higher demand for premium products. Volumes declined in the quarter mainly due to lower capital and maintenance spending in the global oil and gas industry. Russia, Brazil and China remain challenging
- Revenue in Specialty Chemicals was up 5 percent due to continued favorable currency effects, partly offset by the impact of the divestment of the Paper Chemicals business, which was completed early May. Volumes were flat. Growth in some segments compensated for lower demand in oil and gas drilling segments. North America continued to show a positive trend, while growth in Asia was subdued and demand remained weak in Europe and South America
Second quarter |
|
January-June |
||||||||||
2014 |
2015 |
∆% |
in € millions |
2014 |
2015 |
∆% |
||||||
1,074 |
1,134 |
6 |
Decorative Paints |
1,939 |
2,024 |
4 |
||||||
1,434 |
1,550 |
8 |
Performance Coatings |
2,753 |
2,980 |
8 |
||||||
1,228 |
1,290 |
5 |
Specialty Chemicals |
2,450 |
2,586 |
6 |
||||||
(26) |
(25) |
|
Other activities/eliminations |
(49) |
(50) |
|
||||||
3,710 |
3,949 |
6 |
Total |
7,093 |
7,540 |
6 |
Revenue development Q2 2015

in % versus 2014 |
Volume |
Price/mix |
Divestments |
Exchange |
Total |
|||||
Decorative Paints |
(1) |
– |
– |
7 |
6 |
|||||
Performance Coatings |
(3) |
– |
– |
11 |
8 |
|||||
Specialty Chemicals |
– |
(1) |
(2) |
8 |
5 |
|||||
Total |
(2) |
– |
(1) |
9 |
6 |
Volume development per quarter |
Q2 14 |
Q3 14 |
Q4 14 |
Q1 15 |
Q2 15 |
|||||
Decorative Paints |
3 |
– |
(2) |
(3) |
(1) |
|||||
Performance Coatings |
1 |
2 |
– |
(3) |
(3) |
|||||
Specialty Chemicals |
4 |
– |
(1) |
– |
– |
|||||
Total |
3 |
1 |
(1) |
(2) |
(2) |
Price/mix development per quarter |
Q2 14 |
Q3 14 |
Q4 14 |
Q1 15 |
Q2 15 |
|||||
Decorative Paints |
(3) |
(3) |
– |
(1) |
– |
|||||
Performance Coatings |
2 |
(1) |
1 |
1 |
– |
|||||
Specialty Chemicals |
(1) |
1 |
– |
– |
(1) |
|||||
Total |
(1) |
(1) |
– |
– |
– |