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Akzo Nobel N.V.

Akzo Nobel N.V.

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Publicatie datum 23 jul 2014 - 07:00
Statutaire naam Akzo Nobel N.V.
Titel AkzoNobel Q2 Results 2014
Bericht July 23, 2014 Volumes positive in all three Business Areas Revenue down 4 percent, mainly due to 5 percent adverse currency effects Operating income €353 million (2013: €322 million) reflecting increased volume and benefits from improvement actions Return on sales (ROS) improved from 8.3 percent to 9.5 percent. Restructuring costs were €45 million (2013: €40 million). Excluding these, ROS is 10.7 percent (2013: 9.3 percent) Net income attributable to shareholders was €205 million (2013: €184 million on a comparable basis), mainly due to higher operating income Adjusted EPS increased 23 percent to €0.95 (2013: €0.77 adjusted for an incidental tax gain) Net cash inflow from operating activities was €393 million (2013: €261 million) On track to deliver 2015 targets despite a strong euro and the expected continued fragile economic environment in 2014