AkzoNobel Report for the first quarter 2022
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Our results at a glance
Highlights Grow & Deliver (compared with Q1 2021)
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Revenue up 12% and 10% higher in constant currencies, driven by strong pricing (up 17%)
ROS at 9.1% (2021: 13.6%), resulting from continued raw material and freight costs inflation and supply constraints
Adjusted EBITDA at ¬317 million (2021: ¬391 million)
Summary of financial results
First quarter in ¬ millions / %
2021
2022
"%
Revenue
2,263
2,525
12%
EBITDA*
388
321
(17%)
Adjusted EBITDA*
391
317
(19%)
Highlights Q1 2022 (compared with Q1 2021)
