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Operating income


  • In Decorative Paints, operating income and ROS% were higher than in 2012, mainly reflecting lower costs in Europe and lower restructuring charges during the quarter.
  • In Performance Coatings, ROS% improved due to a combination of margin management activities, ongoing cost control and restructuring.
  • In Specialty Chemicals, the operational performance weakened. Margins were impacted by production stops and reductions in volume.
  • On average, raw material costs were stable compared with the previous year.
  • Total restructuring charges (previously reported within incidental costs) were in line with the previous year. The prior year total restated incidental impact was €31 million, of which €33 million was related to restructuring charges. Decorative Paints had a higher proportion of the restructuring charges in the prior year compared with this quarter.

1st quarter

 

 

 

 

in € millions

 

2012

 

2013

 

Δ%

Decorative Paints

 

25

 

43

 

72

Performance Coatings

 

127

 

129

 

2

Specialty Chemicals

 

140

 

99

 

(29)

Other activities/eliminations

 

(56)

 

(54)

 

 

Total

 

236

 

217

 

(8)

Copyright © 2013 Akzo Nobel N.V.