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You are here: Home / News / AkzoNobel Reports Revenue Up 26% in Second Quarter

AkzoNobel Reports Revenue Up 26% in Second Quarter

July 21, 2021 By CollisionWeek Editor

Revenue was also up 8% from Q2 2019 in constant currencies.

AkzoNobel reported revenue of €2.511 billion ($2.96 billion) up 26% from the second quarter of 2020 impacted by the pandemic. The result was also 29% higher in constant currencies, with volumes up 26%, mainly due to strong end market demand. According to the company, price/mix up 1%, while acquisitions added 2% to the quarter results.

Automotive and Specialty Coatings revenue was €309 million ($364.2 million) in the second quarter, up 39% compared to €222 million in the second quarter of 2020. Revenue was up 44% on a constant currency

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Filed Under: News Tagged With: AkzoNobel, Earnings

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