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    Home > Coatings News > Paints and Coatings Market > Akzo Nobel released its second quarter performance report for 2019, and adjusted operating income rose sharply by 36%

    Akzo Nobel released its second quarter performance report for 2019, and adjusted operating income rose sharply by 36%

    • Last Update: 2021-05-01
    • Source: Internet
    • Author: User
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    In spite of continuing to face market challenges, we will continue to move towards the strategic goal of " cooperation and win-win: 15 by 20 " Despite continuing to face market challenges, we will continue to move towards the strategic goal of " cooperation and win-win: 15 by 20 "Akzo Nobel (stock code: AKZA; AKZOY) released its results for the second quarter of 2019.


    75em;">We are steadily implementing the "Win-Win Cooperation: 15 by 20" strategy, transforming into a paint and coating company by creating an organization that meets the goals, and helping to achieve the 2020 guidance target.


    75em;">In an uncertain macroeconomic environment, demand trends show different trends depending on regions and market segments.


    75em;">We will continue to implement the transformation plan, hoping to save one-time costs between 2019 and 2020, and achieve the goal of saving 200 million euros by 2020.


    75em;">Our goal is to achieve a leverage ratio (that is, the ratio of net debt/earnings before interest, taxes, depreciation, and amortization) to 1.


    75em;">Future outlook:

    75em;">We are steadily implementing the "Win-Win Cooperation: 15 by 20" strategy, transforming into a paint and coating company by creating an organization that meets the goals, and helping to achieve the 2020 guidance target.


    75em;">In an uncertain macroeconomic environment, demand trends show different trends depending on regions and market segments.


    75em;">We will continue to implement the transformation plan, hoping to save one-time costs between 2019 and 2020, and achieve the goal of saving 200 million euros by 2020.


    75em;">Our goal is to achieve a leverage ratio (that is, the ratio of net debt/earnings before interest, taxes, depreciation, and amortization) to 1.


    75em;">Future outlook:

    75em;">We are steadily implementing the "Win-Win Cooperation: 15 by 20" strategy, transforming into a paint and coating company by creating an organization that meets the goals, and helping to achieve the 2020 guidance target.


    75em;">In an uncertain macroeconomic environment, demand trends show different trends depending on regions and market segments.


    75em;">We will continue to implement the transformation plan, hoping to save one-time costs between 2019 and 2020, and achieve the goal of saving 200 million euros by 2020.


    75em;">Our goal is to achieve a leverage ratio (that is, the ratio of net debt/earnings before interest, taxes, depreciation, and amortization) to 1.


    75em;">Future outlook:

    Future outlook:

    75em;">We are steadily implementing the "Win-Win Cooperation: 15 by 20" strategy, transforming into a paint and coating company by creating an organization that meets the goals, and helping to achieve the 2020 guidance target.


    We are steadily implementing the "Win-Win Cooperation: 15 by 20" strategy, transforming into a paint and coating company by creating an organization that meets the goals, and helping to achieve the 2020 guidance target.


    In an uncertain macroeconomic environment, demand trends show different trends depending on regions and market segments.


    We will continue to implement the transformation plan, hoping to save one-time costs between 2019 and 2020, and achieve the goal of saving 200 million euros by 2020.

    75em;">Our goal is to achieve a leverage ratio (that is, the ratio of net debt/earnings before interest, taxes, depreciation, and amortization) to 1.
    0-2.
    0 times by the end of 2020, and strive to maintain a strong investment-grade credit rating.

    Our goal is to achieve a leverage ratio (that is, the ratio of net debt/earnings before interest, taxes, depreciation, and amortization) to 1.
    0-2.
    0 times by the end of 2020, and strive to maintain a strong investment-grade credit rating.
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