Investor update
Q1 2020
April 22, 2020
Ultimate rust-busting metal paint launched
A new wave of exterior water-based paint has been launched by AkzoNobel which offers superior metal protection. Hammerite Ultima can be applied directly onto any metal surface as well as rust without the need for a primer.
Suitable for anything from gates and fences to railings and garden furniture.
Agenda
Key highlights
Financial review
Concluding remarks
Q&A
Investor update | Q1 2020
2
Key highlights
Investor update | Q1 2020
3
Q1 2020 showed transformation on track,
despite significant market disruption
Adjusted operating income up 31% at ¬214 million (2019: ¬163 million),
despite impact from COVID-19
ROS, excluding unallocated costs, increased to 12.4% (2019: 9.1%)
with price/mix up 2%
Operating income at ¬187 million (2019: ¬113 million);
OPI margin improved to 9.1% (2019: 5.2%)
Transformation and other savings delivered ¬44 million lower costs
(compared with the first quarter of 2019)
In response to significant market disruption resulting from the COVID-19
pandemic, we have paused key parts of our transformation and suspended our 2020 financial ambition
¬408 million of ¬500 million share buyback program executed during Q1 2020
Villagers living near Bangalore are receiving initial screening for
COVID-19 through an existing e-health initiative which had been set up as part of the company's
AkzoNobel Cares program.
Following the outbreak, the focus
