Persbericht

AkzoNobel realiseert organische omzetgroei en een zesde opeenvolgend kwartaal van margeverbetering; nieuwe mijlpaal in waardecreatie uit portfolio bereikt

21 oktober 2026

Akzo Nobel N.V. (AKZA; AKZOY) publiceert resultaten derde kwartaal 2026

 

Hoogtepunten Q3 2026 (vergeleken met Q3 2025)

  • Organische omzetgroei 2% omhoog door prijsaanpassingen, omzet bleef gelijk
  • Bedrijfsresultaat beïnvloed door de deconsolidatie in Rusland en de desinvestering in Pakistan
  • Organische groei van de aangepaste EBITDA1 met €15 miljoen
  • Aangepaste EBITDA marge toegenomen tot 15,3% (2025: 15,1%)
  • Netto kasstroom uit operationele activiteiten positief €187 miljoen (2025: €331 miljoen)
  • Bindende overeenkomsten getekend voor de verkoop van onze decoratieve verftak in Zuidoost-Azië voor $1,35 miljard, overeenkomend met 21 keer de FY25 EBITDA

 

AkzoNobel CEO Greg Poux-Guillaume:

“AkzoNobel heeft opnieuw een sterk kwartaal gehad waarin zowel de organische omzet als de aangepaste EBITDA zijn toegenomen. Ons zesde opeenvolgende kwartaal van margeverbetering bevestigt ons vermogen om prijsverhogingen door te voeren in uitdagende marktomstandigheden en onze ambitieuze kostenbesparingsdoelstellingen te realiseren.  

We hebben ook de desinvestering van onze decoratieve verftak in Zuidoost-Azië aangekondigd. Daarmee ronden we met succes de strategische evaluatie van onze verfportefeuille in Azië af. Met een ondernemingswaarde van 21 keer de EBITDA over FY25 – meer dan tweemaal onze huidige trading multiple – ontsluit deze transactie aanzienlijke waarde, net zoals de eerdere verkoop van onze activiteiten in vloeibare coatings in India tegen 25 keer de EBITDA. Ondertussen ligt onze fusie met Axalta stevig op koers: de benodigde goedkeuringen van toezichthouders vorderen volgens planning en de afronding wordt begin 2027 verwacht.”

Q3 2025

2.547

Q3 2026

2.538

Δ gerapporteerd

-%

Δ vergelijkbaar¹

+2%

Q3 2025

(29)

Q3 2026

(73)

Δ gerapporteerd
Δ vergelijkbaar¹
Q3 2025

385

Q3 2026

388

Δ gerapporteerd

+1%

Δ vergelijkbaar¹

+4%

Q3 2025

15,1

Q3 2026

15,3

Δ gerapporteerd

+1%

Δ vergelijkbaar¹

+2%

Outlook2

Op basis van de huidige zichtbaarheid in de markt, inclusief de actuele geopolitieke ontwikkelingen, en op basis van de huidige marktomstandigheden verwacht het bedrijf rond de €100 miljoen aangepaste EBITDA verbetering te leveren, in constante wisselkoersen. Hierdoor is de verwachting dat de aangepaste EBITDA voor het volledige jaar 2026 rond de €1,47 miljard zal zijn, gebaseerd op wisselkoersen van eind 2025 en aangepast voor de desinvestering van onze vloeibare coatings activiteiten in Azië. 
 
Voor de middellange termijn streeft AkzoNobel ernaar de winstgevendheid te verhogen naar een aangepaste EBITDA-marge van meer dan 16% en een aangepast rendement op gemiddeld geïnvesteerd vermogen tussen 16% en 19%, ondersteund door organische groei en industrial excellence. 
 
Het bedrijf verwacht dat de leverage tegen het einde van 2026 ongeveer 2 keer de netto schuld/aangepaste EBITDA zal zijn. Op de middellange termijn streeft AkzoNobel ernaar de leverage rond de 2 keer te handhaven, terwijl het zich blijft inzetten voor het behoud van een investment-grade kredietrating.

De afronding van de fusie met Axalta, die onder voorbehoud is van goedkeuring door toezichthouders, wordt begin 2027 verwacht.


¹ Organische groei metrics zijn alternatieve prestatiemaatstaven (APMs) en sluiten de impact van veranderingen in consolidatie (inclusief de desinvestering van onze vloeibare coatings business in India in 2025 en de deconsolidatie van de Russische entiteiten in 2026), de gevolgen van veranderingen in valutakoersen en de impact van hyperinflatie accounting uit
² De vooruitzichten weerspiegelen de huidige verwachtingen van het bedrijf, gebaseerd op organische volumes gecorrigeerd voor de desinvestering van onze vloeibare coatings businesses, zijn onderhevig aan aanhoudende marktonzekerheden en gaan uit van wisselkoersen per eind 2025. De vooruitzichten zijn opgesteld op standalone basis en exclusief eventuele effecten van de voorgestelde fusie met Axalta.

Over dit persbericht

Dit persbericht behandelt de hoogtepunten van het kwartaal. Wij raden u aan het persbericht te lezen in combinatie met het volledige AkzoNobel kwartaalrapport. Het kwartaalrapport bevat aanvullende informatie, waaronder de IAS 34 interim verkorte geconsolideerde financiële overzichten. De interim verkorte geconsolideerde jaarrekening is besproken en goedgekeurd door de Raad van Bestuur en de Raad van Commissarissen. Deze verkorte jaarrekening is goedgekeurd voor publicatie. Op de cijfers in het persbericht en in het AkzoNobel kwartaalrapport is geen accountantscontrole toegepast.  

Toekomstgerichte verklaringen zijn gebaseerd op organische volumes en constante valuta, en gaan ervan uit dat er geen significante marktverstoringen zijn. Lees ook de Safe Harbor-verklaring in het kwartaalrapport. 

Het kwartaalrapport is hier te bekijken en te downloaden: https://akzo.no/Q3-2026

Organische omzetgroei, organische groei van aangepaste EBITDA, aangepaste EBITDA, aangepaste EBITDA-marge (%) aangepast rendement op gemiddeld geïnvesteerd vermogen, nettoschuld en leverage (nettoschuld/aangepaste EBITDA) zijn alternatieve prestatiemaatstaven (Alternative Performance Measures; APM’s). AkzoNobel gebruikt APM-aanpassingen van de IFRS-maatstaven om aanvullende informatie te geven over de onderliggende ontwikkelingen van het bedrijf. Een aansluiting van de alternatieve prestatiemaatstaven op de meest direct vergelijkbare IFRS-maatstaven is te vinden in het kwartaalrapport.  

This is a public announcement by Akzo Nobel N.V. pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014). 

 


Over AkzoNobel

Sinds 1792 leveren wij innovatieve verf en coatings waarmee we mensenlevens kleur geven en beschermen wat belangrijk is. Klanten over de hele wereld vertrouwen op onze producten uit een portfolio met merken van wereldklasse - waaronder Flexa, Sikkens, Interpon en International. We zijn actief in meer dan 150 landen en gebruiken onze expertise om materialen in het dagelijkse leven te verbeteren, beschermen en behouden. Wij geloven dat elk oppervlak mogelijkheden biedt. Dit is wat je kan verwachten van een baanbrekend en al lang bestaand verfbedrijf dat zich wijdt aan het leveren van meer duurzame oplossingen en het beschermen van het beste van vandaag - en het creëren van een nog betere toekomst. Let’s paint the future together. 

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Important Information Regarding the Proposed Axalta Transaction

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In connection with the proposed transaction between AkzoNobel and Axalta, AkzoNobel filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4 on May 27, 2026, as amended on June 18, 2026, which included a proxy statement of Axalta that also constitutes a prospectus with respect to the shares to be offered by AkzoNobel in the proposed transaction. The registration statement was declared effective by the SEC on June 23, 2026. In connection with the proposed transaction, on June 24, 2026, Axalta filed with the SEC a definitive proxy statement and, on or about June 24, 2026, Axalta commenced mailing the definitive proxy statement to its holders of record as of June 11, 2026. On August 5, 2026, shareholders at the Extraordinary General Meeting of AkzoNobel and Special General Meeting of Axalta, respectively, voted in favor of all resolutions related to the proposed transaction. Each of AkzoNobel and Axalta will also file other relevant documents in connection with the proposed transaction. This communication is not a substitute for any registration statement, proxy statement/prospectus or other documents AkzoNobel and/or Axalta may file with the SEC or any other competent regulator in connection with the proposed transaction. This communication does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed transaction. BEFORE MAKING ANY INVESTMENT DECISIONS, INVESTORS, STOCKHOLDERS AND SHAREHOLDERS OF AKZONOBEL AND AXALTA ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS, AS APPLICABLE, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE, AS THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT AKZONOBEL, AXALTA, THE PROPOSED TRANSACTION AND RELATED MATTERS. The registration statement and proxy statement/prospectus and other relevant documents filed by AkzoNobel and Axalta with the SEC are available free of charge at the SEC’s website at www.sec.gov. In addition, investors and shareholders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC from Axalta’s investor relations webpage at https://ir.axalta.com/sec-filings/all-sec-filings or from AkzoNobel’s investor relations webpage at https://www.akzonobel.com/en/investors/all-sec-filings. The contents of this communication should not be construed as financial, legal, business, investment, tax or other professional advice. Each recipient should consult with its own professional advisors for any such matter and advice.

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This communication contains forward-looking statements as that term is defined in Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, regarding, among other things, statements about management’s expectations of AkzoNobel’s and Axalta’s future operating and financial performance, product development, market position, and business strategy. Such forward-looking statements can sometimes be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “potential,” “seeks,” “aims,” “projects,” “predicts,” “is optimistic,” “intends,” “plans,” “estimates,” “targets,” “anticipates,” “continues” or other comparable terms or negatives of these terms, but not all forward-looking statements include such identifying words. You are cautioned not to rely on these forward-looking statements. 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This communication contains certain non-GAAP financial measures and/or non-IFRS financial measures that AkzoNobel and Axalta believe are helpful in understanding the anticipated strategic and financial benefits of the proposed transaction. AkzoNobel's and Axalta's management regularly use a variety of financial measures that are not in accordance with GAAP or IFRS for forecasting, budgeting and measuring financial performance. The non-GAAP financial measures and/or non-IFRS financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP or IFRS measures. While AkzoNobel and Axalta believe that these non-GAAP financial measures and/or non-IFRS financial measures provide meaningful information to help shareholders understand the anticipated strategic and financial benefits of the proposed transaction, there are limitations associated with the use of these non-GAAP financial measures and/or non-IFRS financial measures. These non-GAAP financial measures and/or non-IFRS financial measures are not prepared in accordance with GAAP or IFRS, are not reported by all of AkzoNobel’s or Axalta’s competitors and may not be directly comparable to similarly titled measures of AkzoNobel’s or Axalta’s competitors due to potential differences in the exact method of calculation.

AkzoNobel Office Amsterdam

Voor meer informatie

Anne Zwaan
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