AkzoNobel publishes Q1 2015 results_Net income attributable to shareholders up 24 percent at EUR 160 million_by chemwinfo

21 April 2015

ABOUT  AKZONOBEL

DETAILS

Solid first quarter for AkzoNobel

• Net income attributable to shareholders
  up 24 percent at €160 million
  
  
• Adjusted EPS up 25 percent at €0.76 (2014: €0.61)
  
  
• Net cash outflow from operating activities was
  €622 million (2014: €552 million)
  
  
• Overall market conditions remain challenging
  
  
• On track to deliver 2015 targets

• Operating income up 42 percent at €306 million (2014: €216 million),
  reflecting the effects of process optimization,
  reduced restructuring expenses, lower costs and favorable currencies
  
  
• Revenue up 6 percent due to 8 percent favorable currency effects
  
  
• Improved performance with
  ROS at 8.5 percent (2014: 6.4 percent); and
  ROI at 10.6 percent (2014: 9.7 percent)

CFO Maëlys Castella:

"Our results for the first quarter demonstrate that
 AkzoNobel is continuing to deliver an improved performance
 in a challenging economic environment.

 Our strategy is working, and its positive effects
 are becoming increasingly visible in our results.

 We continue to build on this strong foundation
 to further increase our profitability and
 we remain on track to deliver our 2015 targets."

READ MORE

READ AKZONOBEL Q1 2015 REPORT

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