21.07.2011 • News

AkzoNobel Q2 Profit Flat

AkzoNobel reported that its second-quarter profit from continuing operations was almost flat at €273 million. Earnings per share from continuing operations were €1.07 compared to €1.05 in the previous year quarter.

Net income for the period was €268 million, lower than €273 million in the prior year quarter. Earnings per share from total operations decreased to €1.14 from €1.16 in the same quarter last year.

Adjusted net income for continuing operations was €256 million, compared to €275 million in the same period last year. Adjusted earnings per share for the quarter were 1.09, down from €1.18 in the previous year quarter.

Quarterly revenue rose 5% to €4.1 billion from €3.91 billion last year, driven by volume and price.

Looking ahead, Akzo Nobel expects full-year EBITDA to be at least in line with the prior year, assuming no further deterioration in economic conditions.

 

Company

Logo:

AkzoNobel

Christian Neefestraat 2
1077 WW Amsterdam
Netherlands

Company contact







Expert Insights

Dual‑Targeting Breakthroughs
Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.

Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Top-Feature

most read