April 22 (Reuters) - Akzo Nobel NV AKZO.AS:
Q1 ADJUSTED EBITDA EUR 345 MILLION VERSUS EUR 323 MILLION IN COMPANY-COMPILED CONSENSUS
Q1 ADJUSTED EBITDA MARGIN EXPANSION TO 14.5%
Q1 REVENUE EUR 2.39 BILLION VERSUS EUR 2.39 BILLION IN COMPANY-COMPILED CONSENSUS
Q1 OPERATING INCOME EUR 177 MILLION
ADJUSTED EBITDA FOR 2026 EXPECTED AT OR ABOVE €1.47 BILLION, BASED ON YEAR-END 2025 EXCHANGE RATES AND ADJUSTED FOR INDIA DIVESTMENT
FOR MID-TERM, CO AIMS TO EXPAND PROFITABILITY TO DELIVER ADJUSTED EBITDA MARGIN OF ABOVE 16% AND RETURN ON INVESTMENT BETWEEN 16% AND 19%
EXPECTS LEVERAGE TO BE AROUND 2 TIMES NET DEBT/ADJUSTED EBITDA BY THE END OF 2026
IN THE MID-TERM, AKZONOBEL AIMS TO MAINTAIN LEVERAGE AROUND 2 TIMES, WHILE REMAINING COMMITTED TO AN INVESTMENT GRADE CREDIT RATING
CLOSING OF THE AXALTA MERGER, WHICH IS SUBJECT TO SHAREHOLDER AND REGULATORY APPROVALS, IS EXPECTED IN LATE 2026 OR EARLY 2027
Q2 ADJ. EBITDA EXPECTED AROUND €400M
Source text: ID:nNDL688Y2V
Further company coverage: AKZO.AS
(Gdansk Newsroom)
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