Browse the most recent issues of Coatings World Magazine, featuring timely insights and industry-leading analysis.
Access the interactive digital version of the magazine with multimedia enhancements and exclusive online features.
Join a global community of coatings professionals—subscribe to receive the magazine in print or digital formats.
Promote your brand to decision-makers across the global coatings value chain with targeted advertising options.
Review our standards for submitting articles and technical content to ensure alignment with editorial goals.
Understand how your data is collected, stored, and used when interacting with Coatings World Magazine.
Immediate updates on significant industry developments.
News from major and regional paint and coatings producers.
Updates from raw material and equipment suppliers.
Leadership changes and notable appointments.
Mergers, acquisitions, and earnings reports across the industry.
Data-driven insights into regional and global coatings markets.
Interviews with executives, innovators, and influencers in the coatings sector.
Explore long-form articles and special reports that analyze trends, technologies, and business strategies in coatings.
Recurring editorial pieces offering expert perspectives and commentary on regulatory, sustainability, and R&D topics.
Access original interviews, Q&As, and insights that offer a deeper understanding of key industry developments.
Industry leaders weigh in on technical advancements, market challenges, and future opportunities.
Explore color trend predictions and their influence on coatings design, formulation, and application.
Profiles and rankings of the world’s leading coatings manufacturers and suppliers.
Comprehensive resource for locating suppliers of coatings materials and services.
Connect with distributors of raw materials, packaging, and equipment.
Showcase your company’s services, products, and expertise.
Look up definitions for key terms and concepts used across the coatings industry.
Full-length videos covering events, innovations, and thought leadership.
Short-form video interviews offering quick updates and takeaways.
Audio interviews and discussions with industry experts and insiders.
In-depth digital publications on coatings technologies and trends.
Research-backed documents examining industry challenges and solutions.
Informational materials highlighting products, services, and companies.
Company-sponsored articles offering valuable insights, case studies, and product applications.
Company announcements, product launches, and business developments from across the coatings sector.
Search for career opportunities in the coatings industry and connect with hiring companies.
What are you searching for?
Reports 16% growth.
April 21, 2021
By: Anthony Locicero
Copy Editor, New York Post
Akzo Nobel N.V. (AKZA; AKZOY) published results for first quarter 2021.
Highlights Q1 2021
• Revenue up 10% and 16% higher in constant currencies1 with strong growth in Asia;
• ROS2 increased to 13.6% (Q1 2020: 10.4%);
• €300 million share buyback completed on April 16, 2021, €1 billion share buyback starts April 27, 2021;
• Acquisition of Titan Paints in Spain completed in March 2021
Q1 2021 (compared with Q1 2020)
• Revenue up 10% and 16% higher in constant currencies, with volumes up 16% and price up 2%, mainly due to strong end-market demand. Compared with Q1 2019, revenue was up 10% in constant currencies;
• Operating income up 62% at €303 million (2020: €187 million); OPI margin improved to 13.4% (2020: 9.1%);
• Adjusted operating income3 up 43% at €307 million (2020: €214 million) and excludes €4 million negative impact from identified items, mainly related to transformation initiatives (2020: €27 million negative identified items related to transformation initiatives);
• Net cash from operating activities improved by €129 million to an outflow of €31 million (2020: outflow of €160 million);
• Net income from total operations up 90% at €217 million (2020: €114 million);
• EPS from total operations up 95% at €1.15 (2020: €0.59); adjusted EPS4 from continuing operations up 66% at €1.18 (2020: €0.71)
“We delivered very strong results for the quarter, including 16% growth and higher profitability. It’s encouraging how we’ve pivoted from our successful 15 by 20 ambition with a powerful start to our new Grow & Deliver strategy, which is already having a positive impact on our results,” AkzoNobel CEO Thierry Vanlancker said. “Ongoing challenges related to raw materials are an industry-wide issue and require our continued attention. I’m very proud of how our teams continue to serve our customers while dealing with significant disruption. Going forward, we’ll remain focused on offsetting higher raw material costs with pricing initiatives and cost discipline, to ride out the wave and build on our strong foundation for growth.”
A pioneering expedition that will send a manned oceanographic platform drifting around Antarctica has brought AkzoNobel on board as exclusive paints and coatings partner.
AkzoNobel invested in coatings application technology from Qlayers – one of the winners in its 2019 Paint the Future startup challenge.
The company recently launched its new Dulux Simply Refresh range, which refreshes walls in a single coat.
AkzoNobel’s Powder Coatings business offers a dedicated powder coatings portfolio for manufacturers of electric vehicles and components.
Additionally, AkzoNobel completed the acquisition of 100% of the shares of Industrias Titan S.A.U. (Titan Paints).
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !
