AkzoNobel publishes Q2 results

摘要

Highlights included: Operating income up 38% at ?486M (?353M yr-on-yr); Revenue up 6% to ?3.9bn, mainly driven by favourable currency effects; Improved performance with return on sales at 12.3% (9.5%); and return on investments at 11.7% (10.1%); Net income attributable to shareholders up 61% at ?331M (?205M); Adjusted earnings per share (EPS) up 37% at ?1.30 (?0.95); Net cash inflow from operating activities at ?407M (?393M); Divestment of Paper Chemical business completed; Triennial review ICI Pension Fund (UK) completed in July 2015. The company says it is on track to deliver 2015 targets.