Revenue

  • Revenue in Decorative Paints increased 3 percent compared with 2014, due to a 7 percent favorable currency effect, offset by an adverse volume impact. Volumes for the first quarter were up in Latin America, but down in Europe and Asia due to soft demand. Price/mix continued to be influenced by the sale of the German stores
  • Revenue in Performance Coatings was up in all businesses, benefiting from favorable currency effects. Volume was up in Automotive and Specialty Coatings and down in the other businesses. Volumes increased in North America and declined in other regions, with developments across segments mixed regionally
  • Revenue in Specialty Chemicals was up 6 percent, mainly due to favorable currency effects, with volumes flat on the previous year. Volumes in the US continue to show good developments, while China showed more modest growth

First quarter

 

 

 

 

 

 

in € millions

 

2014

 

2015

 

∆%

Decorative Paints

 

865

 

890

 

3

Performance Coatings

 

1,319

 

1,430

 

8

Specialty Chemicals

 

1,222

 

1,296

 

6

Other activities/eliminations

 

(23)

 

(25)

 

 

Total

 

3,383

 

3,591

 

6

Revenue development Q1 2015

AkzoNobel – Revenue development Q1 2015 (bar chart)AkzoNobel – Revenue development Q1 2015 (bar chart)

in % versus 2014

 

Volume

 

Price/mix

 

Divestments

 

Exchange
rates

 

Total

Decorative Paints

 

(3)

 

(1)

 

 

7

 

3

Performance Coatings

 

(3)

 

1

 

 

10

 

8

Specialty Chemicals

 

 

 

 

6

 

6

Total

 

(2)

 

 

 

8

 

6

Volume development per quarter
(year-on-year)

 

Q1 14

 

Q2 14

 

Q3 14

 

Q4 14

 

Q1 15

Decorative Paints

 

1

 

3

 

 

(2)

 

(3)

Performance Coatings

 

3

 

1

 

2

 

 

(3)

Specialty Chemicals

 

2

 

4

 

 

(1)

 

Total

 

2

 

3

 

1

 

(1)

 

(2)

Price/mix development per quarter
(year-on-year)

 

Q1 14

 

Q2 14

 

Q3 14

 

Q4 14

 

Q1 15

Decorative Paints

 

3

 

(3)

 

(3)

 

 

(1)

Performance Coatings

 

2

 

2

 

(1)

 

1

 

1

Specialty Chemicals

 

1

 

(1)

 

1

 

 

Total

 

2

 

(1)

 

(1)