Quarterly statistics
Paints and Coatings (continuing operations)
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2018 |
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2019 |
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Q1 |
Q2 |
Q3 |
Q4 |
year |
in € millions |
Q1 |
Q2 |
Q3 |
year-to-date |
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Revenue |
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846 |
1,006 |
951 |
896 |
3,699 |
Decorative Paints |
844 |
1,005 |
977 |
2,826 |
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1,342 |
1,454 |
1,388 |
1,403 |
5,587 |
Performance Coatings |
1,339 |
1,445 |
1,418 |
4,202 |
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(12) |
(14) |
(13) |
9 |
(30) |
Other activities/eliminations |
2 |
1 |
3 |
6 |
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2,176 |
2,446 |
2,326 |
2,308 |
9,256 |
Total |
2,185 |
2,451 |
2,398 |
7,034 |
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Adjusted EBITDA (excluding identified items) |
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79 |
145 |
138 |
76 |
438 |
Decorative Paints |
95 |
177 |
174 |
446 |
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169 |
207 |
204 |
187 |
767 |
Performance Coatings |
182 |
241 |
238 |
661 |
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(39) |
(67) |
(39) |
(23) |
(168) |
Other activities/eliminations |
(29) |
(24) |
(25) |
(78) |
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209 |
285 |
303 |
240 |
1,037 |
Total |
248 |
394 |
387 |
1,029 |
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9.6 |
11.7 |
13.0 |
10.4 |
11.2 |
Adjusted EBITDA margin (in %) |
11.4 |
16.1 |
16.1 |
14.6 |
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Depreciation * |
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(18) |
(18) |
(17) |
(19) |
(72) |
Decorative Paints |
(30) |
(35) |
(34) |
(99) |
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(26) |
(26) |
(24) |
(25) |
(101) |
Performance Coatings |
(34) |
(35) |
(35) |
(104) |
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(2) |
(2) |
(4) |
- |
(8) |
Other activities/eliminations |
(5) |
(4) |
(4) |
(13) |
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(46) |
(46) |
(45) |
(44) |
(181) |
Total |
(69) |
(74) |
(73) |
(216) |
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Amortization |
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(5) |
(4) |
(6) |
(5) |
(20) |
Decorative Paints |
(5) |
(6) |
(5) |
(16) |
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(9) |
(9) |
(10) |
(9) |
(37) |
Performance Coatings |
(10) |
(9) |
(9) |
(28) |
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– |
(1) |
1 |
(1) |
(1) |
Other activities/eliminations |
(1) |
– |
– |
(1) |
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(14) |
(14) |
(15) |
(15) |
(58) |
Total |
(16) |
(15) |
(14) |
(45) |
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Adjusted operating income (excluding identified items) |
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56 |
123 |
115 |
52 |
346 |
Decorative Paints |
60 |
136 |
135 |
331 |
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134 |
172 |
170 |
153 |
629 |
Performance Coatings |
138 |
197 |
194 |
529 |
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(41) |
(70) |
(42) |
(24) |
(177) |
Other activities/eliminations |
(35) |
(28) |
(29) |
(92) |
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149 |
225 |
243 |
181 |
798 |
Total |
163 |
305 |
300 |
768 |
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6.8 |
9.2 |
10.4 |
7.8 |
8.6 |
ROS% |
7.5 |
12.4 |
12.5 |
10.9 |
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8.7 |
12.1 |
12.3 |
9.0 |
10.6 |
ROS% excluding unallocated costs |
9.1 |
13.7 |
13.8 |
12.3 |
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Operating income |
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48 |
111 |
112 |
37 |
308 |
Decorative Paints |
54 |
166 |
130 |
350 |
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121 |
162 |
164 |
130 |
577 |
Performance Coatings |
97 |
174 |
156 |
427 |
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(61) |
(81) |
(39) |
(99) |
(280) |
Other activities/eliminations |
(38) |
(32) |
(39) |
(109) |
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108 |
192 |
237 |
68 |
605 |
Total |
113 |
308 |
247 |
668 |
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Identified items per Business Area |
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(8) |
(12) |
(3) |
(15) |
(38) |
Decorative Paints |
(6) |
30 |
(5) |
19 |
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(13) |
(10) |
(6) |
(23) |
(52) |
Performance Coatings |
(41) |
(23) |
(38) |
(102) |
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(20) |
(11) |
3 |
(75) |
(103) |
Other activities/eliminations |
(3) |
(4) |
(10) |
(17) |
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(41) |
(33) |
(6) |
(113) |
(193) |
Total |
(50) |
3 |
(53) |
(100) |
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Reconciliation net financing income/(expenses) |
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6 |
5 |
3 |
2 |
16 |
Financing income |
5 |
4 |
4 |
13 |
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(22) |
(22) |
(24) |
(24) |
(92) |
Financing expenses |
(17) |
(20) |
(21) |
(58) |
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(16) |
(17) |
(21) |
(22) |
(76) |
Net interest on net debt |
(12) |
(16) |
(17) |
(45) |
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Other interest movements |
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2 |
3 |
2 |
3 |
10 |
Financing expenses related to post-retirement benefits |
5 |
6 |
4 |
15 |
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– |
(1) |
– |
(2) |
(3) |
Interest on provisions |
(3) |
(2) |
(8) |
(13) |
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33 |
(13) |
(1) |
(2) |
17 |
Other items |
(3) |
(6) |
(6) |
(15) |
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35 |
(11) |
1 |
(1) |
24 |
Net other financing charges |
(1) |
(2) |
(10) |
(13) |
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19 |
(28) |
(20) |
(23) |
(52) |
Net financing expenses ** |
(13) |
(18) |
(27) |
(58) |
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Quarterly net income analysis |
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4 |
6 |
4 |
6 |
20 |
Results from associates and joint ventures |
5 |
5 |
6 |
16 |
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131 |
170 |
221 |
51 |
573 |
Profit before tax |
105 |
295 |
226 |
626 |
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1 |
(47) |
(66) |
(6) |
(118) |
Income tax |
(31) |
(69) |
(51) |
(151) |
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132 |
123 |
155 |
45 |
455 |
Profit for the period from continuing operations |
74 |
226 |
175 |
475 |
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(1) |
28 |
30 |
12 |
21 |
Effective tax rate (in %) |
30 |
23 |
23 |
24 |
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AkzoNobel (continuing and discontinued operations)
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2018 |
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2019 |
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|---|---|---|---|---|---|---|---|---|---|---|---|
Q1 |
Q2 |
Q3 |
Q4 |
year |
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Q1 |
Q2 |
Q3 |
year-to-date |
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Earnings per share from continuing operations (in €) |
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0.47 |
0.42 |
0.58 |
0.14 |
1.61 |
Basic |
0.28 |
1.00 |
0.79 |
2.03 |
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0.47 |
0.42 |
0.58 |
0.14 |
1.60 |
Diluted |
0.28 |
1.00 |
0.79 |
2.02 |
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Earnings per share from discontinued operations (in €) |
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0.53 |
0.64 |
0.60 |
22.69 |
24.58 |
Basic |
– |
0.07 |
– |
0.07 |
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0.53 |
0.64 |
0.59 |
22.61 |
24.47 |
Diluted |
– |
0.07 |
– |
0.07 |
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Earnings per share from total operations (in €) |
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1.00 |
1.06 |
1.18 |
22.83 |
26.19 |
Basic |
0.28 |
1.07 |
0.79 |
2.10 |
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1.00 |
1.06 |
1.17 |
22.75 |
26.07 |
Diluted |
0.28 |
1.07 |
0.79 |
2.09 |
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Number of shares (in millions) |
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252.9 |
254.5 |
255.8 |
256.2 |
254.9 |
Weighted average number of shares |
234.3 |
215.7 |
204.3 |
218.0 |
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253.2 |
255.8 |
255.8 |
256.2 |
256.2 |
Number of shares at end of quarter * |
223.9 |
208.7 |
200.2 |
200.2 |
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Adjusted earnings from continuing operations (in € millions) |
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131 |
170 |
221 |
51 |
573 |
Profit before tax from continuing operations |
105 |
295 |
226 |
626 |
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41 |
33 |
6 |
113 |
193 |
Identified items reported in operating income |
50 |
(3) |
53 |
100 |
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(31) |
1 |
– |
– |
(30) |
Interest on tax settlement |
– |
– |
– |
– |
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(39) |
(55) |
(67) |
(43) |
(204) |
Adjusted income tax |
(39) |
(73) |
(68) |
(180) |
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(13) |
(16) |
(6) |
(10) |
(45) |
Non-controlling interests |
(9) |
(11) |
(13) |
(33) |
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89 |
133 |
154 |
111 |
487 |
Adjusted net income from continuing operations |
107 |
208 |
198 |
513 |
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0.35 |
0.52 |
0.60 |
0.43 |
1.91 |
Adjusted earnings per share from continuing operations (in €) |
0.46 |
0.96 |
0.97 |
2.35 |
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