The Dutch coatings maker reaffirmed its FY2026 outlook despite a 1.5% year-over-year revenue decline in Q2.
Akzo Nobel reported Q2 non-GAAP earnings per share of €1.07, matching expectations, while revenue fell 1.5% year-over-year to €2.59 billion. Organic sales growth rose 2% due to pricing, though volumes remained stable, offsetting a 1% revenue decline.
The company’s adjusted EBITDA margin improved to 15.4%, up from 15.0% in 2025. Net cash from operating activities continued to support financial flexibility. Akzo Nobel maintained its full-year 2026 guidance despite macroeconomic pressures.
Shares showed limited movement as investors focused on the reaffirmed outlook and margin expansion.