AkzoNobel Publishes Q4 and Full-Year 2013 Results

摘要

Akzo Nobel N.V. (AkzoNobel) has announced its Q4 and full-year 2013 results. Revenue for the year totaled ?14,590 million, down 5 percent on 2012 as a consequence of adverse currency effects and divestments. 2013 operating income excluding incidentals came in at ?897 million (2012: ?908 million excluding impairment). Net income attributable to shareholders reached ?724 million, up from ?386 million in 2012. Net debt came down by a third to ?1,529 million at the end of 2013. The company has successfully completed its multi-year performance improvement program a year ahead of schedule, exceeding its targets in doing so. In 2014, AkzoNobel will continue to significantly restructure to reduce costs further and anticipates related restructuring charges of at least ?250 million.