Despite the global COVID-19 impacts, the paint company is pleased with its second half results.
AkzoNobel CEO, Thierry Vanlancker, commented, “in view of the ongoing raw material inflation, we continue to take firm and necessary actions on pricing initiatives and maintaining our cost discipline, while remaining focused on serving our customers."
Highlights include:
- revenue 26% higher than Q2 2020
- adjusted operating income 41% higher than Q2 2020 and up 10% from Q2 2019
- volumes up 26%, mainly due to strong end market demand.