Tuesday 29. July 2008
Akzo Nobel: Performance Demonstrates Strong Fundamentals
Revenue and EBITDA in constant currencies ahead 9 and 5 percent Strong EBITDA margin of 13.6 percent Benefiting from geographical spread – 35 percent of business in emerging markets Earnings per share from continuing operations before incidentals up 5 percent Almost 1 billion of 3 billion share buyback completed ICI integration ahead of schedule Outlook 2008 – EBITDA before incidentals, in constant currencies, close to 2007 pro forma of 1,870 million