Posted by: Windfair Editors
Akzo Nobel Presents 2020 Results
Official Press Release Akzo Nobel:
AkzoNobel delivers 15 by 20 promise and continues strong momentum in Q4, with 6% revenue growth in comparable currencies
Akzo Nobel N.V. (AKZA; AKZOY) publishes results for fourth quarter and full-year 2020
Highlights full-year 2020 15.0% ROS1 excluding unallocated cost, delivering on our 15 by 20 promise ROI2 excluding unallocated cost up at 20.6%, exceeding our 2020 ambition €243 million of cost savings, of which €115 million structural savings Net cash from operating activities significantly increased to €1,220 million €545 million share buyback in 2020 €1 billion share buyback announced, to be completed in Q1 2022 Final dividend proposed of €1.52 (2019: €1.49) per share Highlights Q4 2020 Strong growth in... ... More: Official Press Release Akzo Nobel
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- Akzo Nobel, Q4, growth, revenue, 2020, promise, ambition, cost savings, results, paint, transformation