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    Home > Coatings News > Paints and Coatings Market > Financial report of some coating enterprises in the third quarter of 2019

    Financial report of some coating enterprises in the third quarter of 2019

    • Last Update: 2019-11-14
    • Source: Internet
    • Author: User
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    As of November 1, a number of Listed Companies in the coating industry have published the third quarter performance report The small edition collated the performance reports of some enterprises as follows: Akzo Nobel 1 After adjustment, the operating revenue increased by 23% to 300 million euros (243 million euros in the same period of 2018) 2 The return on sales excluding unassigned costs increased to 13.8% (12.3% in the same period of 2018) 3 Steadily promote the transformation plan and save 19 million euros 4 Adjusted earnings per share from continuing operations rose 62% to 0.97 euro (0.60 euro in the same period of 2018) 5 Announced a new share buyback plan and completed a 500 million euro share buyback PPG in the first half of 2020 1 Realized a net sales of about 3.8 billion US dollars, the same as the same period of the previous year; calculated at the same exchange rate, the increase was about 2% 2 Diluted earnings per share of continuing operations in the third quarter reached $1.54; diluted earnings per share of adjusted continuing operations was $1.67 3 Diluted earnings per share increased by 2% compared with the same period of last year, and diluted earnings per share after adjustment increased by 15% compared with the same period of last year 4 The acquisition of special materials producer dexmet company was completed 5 Operating cash flow improved significantly, with an increase of about $600 million compared with the same period in 2018; financial flexibility remained stable, with cash and short-term investment of about $1.5 billion at the end of the quarter BASF 1 Sales volume was 15.2 billion euros (down 2%); sales volume was the same as that of the same period last year 2 Earnings before interest and tax excluding special projects decreased to 1.1 billion euros, mainly due to the sharp decline in earnings in the chemicals and materials business 3 Income in the fields of surface treatment technology, agricultural solutions, industrial solutions and nutrition and nursing business has increased significantly 4 Confirm the outlook for 2019: EBIT excluding special projects is expected to decline by up to 30% compared with last year 1 Compared with the same period in 2018, consolidated net sales in this quarter is 4.87 billion US dollars, an increase of 136 million US dollars, an increase of 2.9% Within 2.9 months, the consolidated net sales were $13.79 billion, an increase of $316 million or 2.3% In the first nine months, the net income was $1.293 billion, an increase of 28.4% year on year 3 The growth in this quarter was mainly due to the increase of paint sales volume and sales price in North American stores, partially offset by the weak demand in some terminal markets outside the United States and the adverse change of currency conversion rate 4 The change of currency conversion rate reduced the comprehensive net sales in the third quarter by 0.9% three trees 1 Achieved revenue of 1.637 billion yuan, a year-on-year increase of 68.2%; 2 The net profit attributable to the shareholders of the parent company was 154 million yuan, a year-on-year increase of 120.2%; 3 In the third quarter, nearly 43% of the revenue performance and 57% of the net profit of the three trees in the first three quarters were contributed, leading the first two quarters in speeding Summary: according to the financial statements of the above enterprises, due to the large market base and wide business scope, the profit and loss of these enterprises did not change significantly in the third quarter, basically showing an upward trend, among which the revenue of three trees increased significantly in the third quarter, showing a jump growth And because of the change of raw material market, every enterprise has taken some measures to adjust.
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