Streetbeat News

AKZOY

Akzo Nobel N.V.

https://www.akzonobel.com/

CEO

Thierry Vanlancker

Open

22.48

Mkt cap

11B

Volume

25K

High

22.55

P/E Ratio

19.51

52-wk high

25.42

Low

22.30

Div yield

0.03

52-wk low

18.27

Akzo Nobel plans to cut 2,200 jobs and close at least five more sites by 2025 as part of its restructuring efforts.

Portfolio Pulse from

January 29, 2025 | 11:45 am

Akzo Nobel has revised its full-year EBITDA guidance to 1.5B EUR due to economic slowdown, impacting margins and financial performance. Q3 revenue declined by 3%, operating income by 27%, but net income remained at 170M EUR. Management reaffirmed mid-term goals for EBITDA margin and debt ratio.

Portfolio Pulse from

December 13, 2024 | 3:45 pm

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