Welcome

Report
2020

Our results

15%

Return on sales (ROS)
Target: 15%

20.6%

Return on investment (ROI)
Target: 20%

21%

Eco-premium solutions
Target: 20%

8.53bln

Revenue
in 2020

963mln

Operating income
in 2020

1099mln

Adjusted operating income
in 2020

3.29

Earnings per share
in 2020

32200

Employees
in 2020

CEO statement

Thierry Vanlancker reviews a landmark year for the company

Despite the odds being stacked against us, I’m proud to say we reached a significant milestone as a company and achieved our Winning together: 15 by 20 ambition.

Overview of businesses

A closer look at how we continued to deliver for our customers in 2020

Industrial Coatings

Industrial Coatings

“In an unprecedented year, we focused on delivering exceptional value and quality to our global customer base, while completing a business transformation and delivering strong performance.”

Achievements in 2020

Decorative Paints

Decorative Paints

“2020 was nothing like we expected, yet we accomplished much more than we expected.”

Achievements in 2020

Marine and Protective Coatings

Marine and Protective Coatings

“We adapted quickly and effectively to maintain the excellent levels of support our customers expect globally.”

Achievements in 2020

Automotive and Specialty Coatings

Automotive and Specialty Coatings

“It was a difficult year, but with cost measures, new business opportunities and fast recovery, we achieved a more than acceptable year-end result.”

Achievements in 2020

Powder Coatings

Powder Coatings

“We showed resilience in a year of extremes and were able to deliver excellent results.”

Achievements in 2020