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    AKZA   NL0013267909

AKZO NOBEL N.V.

(AKZA)
  Report
Real-time Quote. Real-time Euronext Amsterdam - 10/26 11:35:27 am
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Akzo Nobel N : September 9 2021 - Analyst update

09/09/2021 | 09:02am EDT

Pioneering a world of possibilities to bring surfaces to life

Analyst update

September 9, 2021

1

Agenda

Opening remarks

Demand environment

Raw material cost inflation and pricing

Concluding remarks and Q&A

Analyst update | September 2021 2

Underlying demand robust, Q3 impacted by ongoing lockdowns and supply constraints

In South East Asia, both paints and coatings are impacted by renewed and extended lockdowns

Supply constraints continue to weigh on the business with the impact of hurricane IDA unclear

Significant raw material cost inflation impacting second half 2021

Continued focus and strong progress on pricing in all regions and segments

On track to offset raw material cost inflation with pricing on run-rate basis in Q4 based on current market conditions

Analyst update | September 2021 3

Overall revenues for Q3

expected to be ~€100m lower

North

South

EMEA

North

South

America

America

Asia

Asia

Paints

Industrial

Powder

Automotive and Specialty

Marine and Protective

Backlog due

Backlog due

Continued

to supply

to supply

lockdowns

constraints

constraints

End market demand (y-o-y)

Strong Medium Weak

Source: Company estimates

Analyst update | September 2021 4

Significant raw material cost inflation impacting second half 2021

Raw material price index development

y-o-y impact (€m)

~20%

€260- 290m

€128m

€38m

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

2018

2019

2020

2021

Expect ~20% raw material cost inflation for 2021 versus prior year

Q3 raw material cost inflation expected to be €260m-€290m versus prior year

Percentage change to FY2020 annual average

Analyst update | September 2021 5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Akzo Nobel NV published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 13:01:06 UTC.


ę Publicnow 2021
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Financials
Sales 2021 9 568 M 11 100 M 11 100 M
Net income 2021 750 M 871 M 871 M
Net Debt 2021 1 904 M 2 209 M 2 209 M
P/E ratio 2021 23,2x
Yield 2021 2,15%
Capitalization 17 675 M 20 492 M 20 505 M
EV / Sales 2021 2,05x
EV / Sales 2022 1,93x
Nbr of Employees 32 700
Free-Float 97,1%
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Technical analysis trends AKZO NOBEL N.V.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 96,90 €
Average target price 109,92 €
Spread / Average Target 13,4%
EPS Revisions
Managers and Directors
Thierry F. J. Vanlancker Chief Executive Officer
Maarten de Vries Chief Financial Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Byron Elmer Grote Deputy Chairman-Supervisory Board
Dick M. Sluimers Member-Supervisory Board
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