Investor update
Q1 2022
April 21, 2022
Cetol products used on eye-catching museum
Sustainable technology and responsible architecture blend beautifully in this visually stunning museum, which recently opened in Uruguay.
Inspired by the shape of an ark and constructed from wood, the futuristic Atchugarry Museum of Contemporary Art (MACA) is surrounded by
40 hectares of greenery. Our Cetol woodcare brand supplied more than 1,000 liters of products for both the interior and exterior, which help to protect the impressive structure. The eye-catching museum is regarded as a prime example of how wood can be used for architectural purposes and not just for decorative applications.
Agenda
Key highlights
Financial review
Concluding remarks
Q&A
Alternative performance measures (APM)
AkzoNobel uses APM adjustments to the IFRS measures to provide supplementary information on the reporting of the underlying developments of the business.
A reconciliation of the alternative performance measures to the most directly comparable IFRS measures can be found in the appendix to this presentation.
This Investor Update covers the highlights for the quarter. We recommend to read the Investor Update in combination with the AkzoNobel Q1 2022 Report.
The Q1 2022 Report provides additional information, including the IAS34 condensed consolidated financial statements.
All figures in this presentation and in the AkzoNobel Q1 2022 Report are unaudited. The interim condensed consolidated financial statements were discussed and approved by the Board of Management and the Supervisory Board.
Investor update | Q1 2022
2
Impact of conflict in Ukraine/Russia
2021
Ukraine
Revenue: ~ ¬14m
Number of employees: 16
Supply: no local manufacturing;
imported finished products
Immaterial supply of raw materials to countries outside of Ukraine
Russia
Revenue: ~ ¬210m
Number of employees: ~600
Supply: 4 local manufacturing sites with ~60% local and ~40%
imported raw materials, and imported finished products
Limited supply of raw materials to countries outside of Russia
