Investor update
Q1 2021
April 21, 2021
Polar Pod partnership to push boundaries of scientific exploration
A pioneering expedition which will send a manned oceanographic platform drifting around Antarctica has brought AkzoNobel on board as exclusive paints and coatings partner. The Polar Pod will enable scientists and researchers to study the Antarctic Circumpolar Current, which has a major influence on the Earth's climate. AkzoNobel will support the 1,000-ton platform for the next five years, from project construction through to the completion of its three-year mission, which is expected to start in December 2023.
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 2021 Report. The Q1 2021 Report provides additional information, including the IAS34 condensed consolidated financial statements.
Investor update | Q1 2021
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Key highlights
Investor update | Q1 2021
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Strong growth and profitability in Q1
Q1 2021:
Revenue
Adjusted EBITDA*
Free Cash Flow
In constant currencies*
Completed ¬300m share buyback on April 16, 2021