Paint & Coatings Manufacturer News

AkzoNobel Q3 2025 Profitability Improves to 15.1%

Adjusted EBITDA margin expansion to 15.1% is driven by efficiency actions.

Akzo Nobel N.V. announces its results for Q3 2025.

Organic sales are up 1% to€2.547 billion, driven by price/mix; revenue is down 5% on adverse currencies. Adjusted EBITDA is €385 million, including €26 million adverse currency impact (2024: €394 million). Adjusted EBITDA margin expanded to 15.1% (2024: 14.8%), driven by efficiency actions.

Net cash from operating activities is positive at €331 million (2024: positive €294 million). Meanwhile, the India divestment is on track to close in December, with all regulatory approvals granted.

“We’ve had a resilient third quarter, with profitability up to 15.1% on disciplined pricing and continued benefits from our SG&A and industrial excellence programs,” says AkzoNobel CEO Greg Poux-Guillaume. “Despite continued macro-economic softness and the translation effect of a strong euro, we’ve delivered on consensus. We’re progressing on our strategic roadmap as our teams continue to execute with agility and focus.

“The sale of Akzo Nobel India Ltd. is on track to close in December 2025 as all regulatory approvals have been granted. We remain committed to our strategy of unlocking value and are positioning the company for more profitable growth.”

Subject to ongoing market uncertainties and adjusted for exchange rates as of the end of the third quarter, the company expects to deliver adjusted EBITDA of approximately €1.48 billion for full-year 2025.

For the mid-term, AkzoNobel aims to expand profitability to deliver an adjusted EBITDA margin of above 16% and a return on investment between 16% and 19%, underpinned by organic growth and industrial excellence.

Following the expected closing of the India disposal, the company expects leverage slightly above 2 times net debt/adjusted EBITDA by the end of 2025. In the mid-term, AkzoNobel aims to maintain leverage around 2 times, while remaining committed to a strong investment grade credit rating.

Keep Up With Our Content. Subscribe To Coatings World Newsletters