Quarterly ResultJul 22, 2026, 12:37 PM
AkzoNobel Q2 Revenue €2.59B (-1%), Operating Income €251M (+17%)
AI Summary
AkzoNobel reported a 1% decrease in Q2 2026 revenue to €2,589 million, primarily due to divestments and adverse currencies, despite a 2% organic sales growth driven by pricing. Operating income increased 17% to €251 million, and adjusted EBITDA rose 1% to €398 million, with the margin improving to 15.4%. The company expects full-year 2026 adjusted EBITDA to be at or above €1.47 billion and reiterated its mid-term targets, including the pending merger with Axalta expected in late 2026 or early 2027.
Key Highlights
- Q2 2026 Revenue was €2,589 million, a 1% decrease year-over-year.
- Q2 2026 Operating income increased 17% to €251 million.
- Q2 2026 Adjusted EBITDA grew 1% to €398 million, with margin improving to 15.4%.
- Q2 2026 Net income attributable to shareholders was €139 million, up from €124 million.
- Full-year 2026 adjusted EBITDA is expected to be at or above €1.47 billion.
- Divestment of liquid coatings businesses in India reduced Q2 revenue by 3%.
- Performance Coatings Q2 revenue was stable at €1,543 million, with 2% organic sales growth.
- Decorative Paints Q2 revenue decreased 3% to €1,046 million, with 1% organic sales growth.
Price Impact
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