2024-04-19

http://w3.windfair.net/wind-energy/news/36880-akzo-nobel-q4-growth-revenue-2020-promise-ambition-cost-savings-results-paint-transformation

02/23/2021

Posted by: Windfair Editors

Akzo Nobel Presents 2020 Results

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"We’ve now achieved organic growth for two quarters in a row and announced acquisitions including Titan Paints in Spain and New Nautical Coatings in the US," says AkzoNobel's CEO Thierry Vanlancker.

Official Press Release Akzo Nobel:

AkzoNobel delivers 15 by 20 promise and continues strong momentum in Q4, with 6% revenue growth in comparable currencies

Wind Industry Profile of

Akzo Nobel N.V. (AKZA; AKZOY) publishes results for fourth quarter and full-year 2020

Highlights full-year 2020 15.0% ROS1 excluding unallocated cost, delivering on our 15 by 20 promise ROI2 excluding unallocated cost up at 20.6%, exceeding our 2020 ambition €243 million of cost savings, of which €115 million structural savings Net cash from operating activities significantly increased to €1,220 million €545 million share buyback in 2020 €1 billion share buyback announced, to be completed in Q1 2022 Final dividend proposed of €1.52 (2019: €1.49) per share Highlights Q4 2020 Strong growth in... ... More: Official Press Release Akzo Nobel