Investor update
Q1 2023
April 25, 2023
Agenda
Key highlights
Financial review
Outlook
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 2023 Report.
The Q1 2023 Report provides additional information, including the IAS34 condensed consolidated financial statements.
All figures in this presentation and in the AkzoNobel Q1 2023 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 2023
2
Q1 above expectations on resilient volumes (Europe, China) and pricing
Q1 2023:
Revenue
Pricing
Pricing vs raw material & freight inflation
Up 5%
Up 7%
(up 12% in Q1'22)
(up 17% in Q1'22)
Adjusted operating income1
¬218m
( ¬230m in Q1'22)
ROS1
