Investor update
Q2 2022
July 20, 2022
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Rising to the challenge
The world's biggest offshore wind farm is being protected from the ravages of the North Sea by our International coatings. Hornsea 2 is located off the east coast of England and is capable of powering more than 1.3 million homes. All 165 of its towering 8MW turbines feature Interzone 954, a high-performance coating which has now protected over 2,000
offshore wind assets worldwide.
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 Q2 2022 Report.
The Q2 2022 Report provides additional information, including the IAS34 condensed consolidated financial statements.
All figures in this presentation and in the AkzoNobel Q2 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 | Q2 2022
2
Revenue up 14% on strong pricing of 16%
2nd consecutive quarter offsetting raw material inflation
Q2 2022:
H1 2022:
Revenue
Pricing
Up 14%
(up 4.5% in Q2'21)
¬249m
( ¬335m in Q2'21)
ROS**
Pricing vs raw