Akzo Nobel N.V. (AKZA; AKZOY) publishes outcomes for Q3 2023
Highlights Q3 2023 (in contrast with Q3 2022)
Income in fixed currencies up 5% on pricing, regardless of flat volumes; reported income 4% down on unfavorable alternate charges
Working revenue improved to €354 million (2022: €168 million)
Adjusted working revenue at €324 million (2022: €184 million); ROS 11.8% (2022: 6.4%)
Web money from working actions optimistic €297 million (2022: €126 million)
Web debt to EBITDA leverage ratio improved sequentially to three.2x
AkzoNobel CEO, Greg Poux-Guillaume, commented: “Our third quarter outcomes present a stable rebound in…
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Extra: Official Press Launch AkzoNobel
