Investor update
Q4 2021
February 9, 2022
Preserving sporting history
This is the impressive Centenario Stadium in Uruguay, which was built to host the first-ever FIFA World Cup in 1930. The stadium has just been renovated and our Inca brand provided a valuable assist by supplying 12,000 liters of paint. An important consideration was using colors that respected the essence of the original project by architect Juan Antonio Scasso. As well as coating exteriors and the stands, our products were also used in the changing rooms, the tunnel and the interior warm-up areas.
Agenda
Key highlights
Financial review
Concluding remarks
Q&A
Alternative performance measures (APM)
AkzoNobel uses APM adjustments to the IFRS measures to provide supplementary information on the
reporting of the underlying developments of the business. A reconciliation of the alternative performance measures to the most
directly comparable IFRS measures can be found in the appendix to this presentation. | |
This Investor Update covers the highlights for the quarter. We recommend to read the Investor Update in combination with the | |
AkzoNobel Q4 2021 Report. The Q4 2021 Report provides additional information, including the IAS34 condensed consolidated | |
financial statements. | |
All figures in this presentation are unaudited. The interim condensed consolidated financial statements were discussed and approved | Investor update | Q4 2021 2 |
by the Board of Management and the Supervisory Board. These condensed financial statements have been authorized for issue. |
Key highlights
Investor update | Q4 2021 3
Revenue up 9% on strong pricing of 12.5% on track to offset raw material inflation
Q4 2021: | Full Year 2021: | |||||
Revenue | Pricing* | Revenue | ||||
Up 9% | Up 12.5% | Up 12% | ||||
(up 12% vs 2019 in CC) | December pricing up 14% | (up 9% vs 2019 in CC) | ||||
Adjusted | Adjusted EPS* | Adjusted | ||||
operating income* | From continuing operations | operating income* | ||||
Down 29% | €0.74 | Down 1% | ||||
Adj. EBITDA down 21% | (Q4 2020: €1.08) | Adj. EBITDA flat | ||||
€1 billion share buyback completed in January 2022
Final dividend proposal of €1.54
per share (2020:
€1.52)
*Alternative performance measure, for definitions reconciliation of the alternative performance measures | Investor update | Q4 2021 | 4 |
to the most directly comparable IFRS measures please see appendix |
Topline growth and continued progress in line with Grow & Deliver strategy
Growth for sixth consecutive quarter (revenue* up 12% vs 2019)
Strong pricing of 12.5% and in December at 14%
Strong growth in Industrial Coatings and paints South Asia
Sequential recovery in
Marine and Protective
Coatings
Despite supply chain volatility, businesses delivered on internal quarterly forecasts
ERP consolidation with 94% of revenue on four SAP systems
All-time high Organizational Health score (72)
ESG recognition: Terra Carta Seal at COP26
*In constant currencies | Investor update | Q4 2021 5 |
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Akzo Nobel NV published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2022 06:07:07 UTC.