Investor update
Q3 2020
October 21, 2020
Unearth your courage in 2021 with AkzoNobel's Color of the Year
Brave Ground has been unveiled as AkzoNobel's Color of the Year for 2021. It's a warm and grounding neutral shade that gives us the courage to embrace change. A range of palettes has been developed to help customers of the company's Decorative Paints, Automotive and Specialty Coatings, Powder Coatings and Wood Coatings businesses choose on-trend colors with confidence.
Agenda
Key highlights
Financial review
Concluding remarks
Q&A
Investor update | Q3 2020
2
Key highlights
Investor update | Q3 2020
3
Strong profitability during Q3,
driven by disciplined margin and cost focus
ROS, excluding unallocated costs, increased to 17.7% (2019: 13.8%) due to strong margin management and cost savings
Growth in volumes of 3%, with strong demand trends for most segments and regions
Total cost savings delivered ¬49 million, of which ¬27 million structural savings related to transformation initiatives
Net cash from operating activities improved by 46% to ¬457 million (2019:
¬312 million); maintained a strong balance sheet
Interim dividend of ¬0.43 per share (2019: ¬0.41 per share)
On October 19, the acquisition of Titan Paints in Spain was announced, with completion expected before the end of Q1 2021
¬300 million share buyback announced, to be completed in the first half of 2021
Our Guangzhou decorative paints site in
China is undergoing a major upgrade to enable it to exclusively produce waterbased products. It's the last of our four
Chinese deco plants to make the switch,
enabling us to meet growing demand for
