Akzo Nobel N.v. · EURONEXT:AKZA
Akzo Nobel — Corporate Update (September 2021)
10 slides from Akzo Nobel's corporate update, Sep 9, 2021
Slide 1: Pioneering a world of possibilities to bring surfaces to life
Pioneering a world of possibilities to bring surfaces to life Analyst update September 9, 2021 1
Slide 2: Agenda
Agenda Opening remarks Demand environment Raw material cost inflation and pricing Concluding remarks and Q&A Analyst update | September 2021 2
Slide 3: Underlying demand robust, Q3 impacted by ongoing lockdowns and supply constraints
Underlying demand robust, Q3 impacted by ongoing lockdowns and supply constraints In South East Asia, both paints and coatings are impacted by renewed and extended lockdowns Supply constraints continue to weigh on the business with the impact of hurricane IDA unclear Significant raw material cost in
Slide 4: Overall revenues for Q3 expected to be ~€100m lower
Overall revenues for Q3 expected to be ~€100m lower North South EMEA North South America America Asia Asia Paints Industrial Powder Automotive and Specialty Marine and Protective Backlog due Backlog due Continued to supply to supply lockdowns constraints constraints End market demand (y-o-y) Strong
Slide 5: Significant raw material cost inflation impacting second half 2021
Significant raw material cost inflation impacting second half 2021 Raw material price index development Expect ~20% raw y-o-y impact (€m) material cost inflation for 2021 versus prior year Q3 raw material cost FY2021: ~20% inflation expected to be €260m-€290m €260- 290m versus prior year €128m €38m
Slide 6: Implementing strong pricing across the board
Implementing strong pricing across the board AkzoNobel pricing (%)* Implementing strong pricing across the ~9% board Expect Q3 pricing to be ~9% 4.5% On track to offset raw material cost inflation through pricing on run-rate basis during 2% Q4 based on current market conditions Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 7: Confidence in Grow & Deliver strategy despite near term headwinds
Confidence in Grow & Deliver strategy despite near term headwinds Underlying demand remains robust, although Q3 impacted by ongoing lockdowns and supply constraints Overall revenues for Q3 expected to be ~€100 million lower Q3 raw material cost inflation impact expected to be €260-€290 million versu
Slide 8: Q&A
Q&A
Slide 9: Disclaimer/forward-looking statements
Disclaimer/forward-looking statements This presentation does not constitute or form a part of any offer to sell, or any invitation or other solicitation of any offer, to buy or subscribe for any securities in the United States or any other jurisdiction. Some statements in this presentation are 'forw
Slide 10: Thank you
Thank you