“AkzoNobel had another strong quarter, with organic sales, operating income and adjusted EBITDA all increasing," says AkzoNobel CEO, Greg Poux-Guillaume. "Adjusted EBITDA margin was up by 40 base points, which marks the fifth consecutive quarter of increase. This demonstrates that our plan is delivering value regardless of market conditions. Robust pricing and a relentless focus on cost efficiency continue to support our performance.
“We’re delivering today while laying the foundations for a brighter tomorrow. We achieved our ambition of reducing carbon emissions from our operations by 50%, four years ahead of our 2030 target. Our merger with Axalta is progressing as planned, with the shareholder vote on August 5 and an expected closing at the end of 2026 or early 2027. And we remain on track to achieve our full-year targets.”
Highlights Q2 2026 (compared with Q2 2025)
- Organic sales growth up 2% on pricing, stable volumes; revenue down 1%
- Operating income increased to €251 million (2025: €214 million)
- Organic adjusted EBITDA growth1 €18 million, driven by pricing
- Adjusted EBITDA margin increased to 15.4% (2025: 15.0%)
- Net cash from operating activities positive €170 million (2025: €234 million)
Highlights half-year 2026 (compared with half-year 2025)
- Organic sales growth flat; revenue down 5% on adverse currencies
- Operating income increased to €428 million (2025: €406 million)
- Organic adjusted EBITDA growth1 €39 million, driven by pricing
- Adjusted EBITDA margin increased to 14.9% (2025: 14.3%)
- Net cash from operating activities positive €84 million (2025: €122 million)
