Revenue

  • Revenue in Decorative Paints was flat. Favorable currency effects were offset by adverse price/mix. Volumes were up in Asia, while volumes were down for Latin America and Europe, which includes amongst others Russia and Turkey
  • Revenue in Performance Coatings was up 5 percent, benefiting from favorable currencies and continued strong demand for premium products. Volumes declined in the quarter due to ongoing capital spending declines in the global oil and gas industry and further softening in some markets, most notably Brazil and China
  • Revenue in Specialty Chemicals was flat due to favorable currency effects offsetting the impact of the divested Paper Chemicals business and adverse price/mix in several segments. Volumes overall were flat. Growth in some segments compensated for lower demand in oil drilling segments, which mainly impacted Surface Chemistry and Functional Chemicals. North America and Europe continued to show a positive trend in some selected segments, while growth in China and Russia was subdued

Third quarter

 

 

 

January-September

2014

 

2015

 

∆%

 

in € millions

 

2014

 

2015

 

∆%

1,050

 

1,052

 

 

Decorative Paints

 

2,989

 

3,076

 

3

1,420

 

1,493

 

5

 

Performance Coatings

 

4,173

 

4,473

 

7

1,239

 

1,235

 

 

Specialty Chemicals

 

3,689

 

3,821

 

4

(23)

 

(20)

 

 

 

Other activities/eliminations

 

(72)

 

(70)

 

 

3,686

 

3,760

 

2

 

Total

 

10,779

 

11,300

 

5

Revenue development Q3 2015

AkzoNobel – Revenue development Q3 2015 (bar chart)AkzoNobel – Revenue development Q3 2015 (bar chart)

in % versus 2014

 

Volume

 

Price/mix

 

Divestments

 

Exchange
rates

 

Total

Decorative Paints

 

 

(2)

 

 

2

 

Performance Coatings

 

(2)

 

2

 

 

5

 

5

Specialty Chemicals

 

 

(2)

 

(3)

 

5

 

Total

 

(1)

 

 

(1)

 

4

 

2

Volume development per quarter
(year-on-year)

 

Q3 14

 

Q4 14

 

Q1 15

 

Q2 15

 

Q3 15

Decorative Paints

 

 

(2)

 

(3)

 

(1)

 

Performance Coatings

 

2

 

 

(3)

 

(3)

 

(2)

Specialty Chemicals

 

 

(1)

 

 

 

Total

 

1

 

(1)

 

(2)

 

(2)

 

(1)

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

 

Q3 14

 

Q4 14

 

Q1 15

 

Q2 15

 

Q3 15

Decorative Paints

 

(3)

 

 

(1)

 

 

(2)

Performance Coatings

 

(1)

 

1

 

1

 

 

2

Specialty Chemicals

 

1

 

 

 

(1)

 

(2)

Total

 

(1)