)
Visual22 Oct 2025
Epiroc's cash spent on M&A
Akzo Nobel (AKZA) investor relations material
Akzo Nobel Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary22 Oct, 2025
Executive summary
Q3 adjusted EBITDA was €385 million, with margin up 30bps to 15.1% year-on-year, and organic sales grew 1% despite a 5% revenue decline from currency effects.
Free cash flow improved to €265 million, leverage at 2.8x, and year-end leverage projected slightly above 2x after India divestment closes in December.
SG&A cost reduction program delivered annualized savings over €175 million, with 2,500 positions reduced since mid-2024.
India business disposal is on track, with a 5% block sale generating €70 million and main transaction closing expected in December.
A €300 million provision was recognized for the Australian (Ichthys) legal case, impacting operating income.
Financial highlights
Q3 2025 revenue was €2,547 million, down 5% year-on-year; organic sales up 1%, with price/mix up 1% and volumes down less than 1%.
Decorative Paints organic growth +2%, margin at 17.4%; Performance Coatings organic sales down 1%, margin at 14.0%.
Adjusted net income from continuing operations for Q3 was €172 million; adjusted EPS from continuing operations was €1.01.
Free cash flow for Q3 was €265 million, up from €217 million in Q3'24.
Adjusted EBITDA for Q3 was €385 million (2024: €394 million); YTD adjusted EBITDA was €1,135 million (2024: €1,157 million).
Outlook and guidance
Full-year adjusted EBITDA expected around €1.48 billion, on track despite forex headwinds and market uncertainties.
Q4 volumes expected slightly down, with similar currency impact as Q3; efficiency measures to protect margins.
Leverage expected slightly above 2x by year-end post-India transaction; stable dividend policy maintained.
Ichthys case: What is the worst-case financial impact?
India divestment: How will it reduce leverage
What are the key drivers of margin expansion?
Elaborate on conditions for Deco/Coatings split
Ichthys: What is the net financial exposure?
Cevian's expected stake and strategic alignment
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Akzo Nobel earnings date
Q4 202528 Jan, 2026
Next Akzo Nobel earnings date
Q4 202528 Jan, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Over 350 years of experience in paint
Akzo Nobel is a multinational company operating out of the Netherlands that specializes in the manufacturing and distribution of paints, coatings, and specialty chemicals. With a rich history dating back over 200 years, Akzo Nobel has established itself as a global leader in the industry. The company offers a wide range of products and solutions for various sectors, including architectural coatings, paint for industrial use, automotive and marine coatings, as well as specialty chemicals.
Boasting a rich and fascinating history
Akzo Nobel can trace its roots back to the late 1700s. The company's foundation began with the establishment of Sikkens, a Dutch paint producer, in 1792. Over the years, Sikkens grew and expanded its operations, building a reputation for quality and innovation in the coatings industry.
The merger of Akzo and Nobel
In the 20th century, the company evolved through a series of mergers and acquisitions. Arguably the most significant milestone was the merger between Akzo and Nobel Industries in 1994, which gave rise to the present-day company. This merger brought together two industry leaders in coatings, chemicals, and pharmaceuticals, forming a global powerhouse with a diverse product portfolio and a strong presence in various markets. Since then, Akzo Nobel has continued to evolve and grow, focusing on delivering sustainable solutions and pioneering advancements in the coatings and chemicals industry.
The business today
Akzo Nobel is, as previously mentioned, a global brand with a broad presence in markets all over the world, and are operating in over 150 countries. With a diverse portfolio of products, they cater to various sectors, including decorative paints, performance coatings, and specialty chemicals. Their renowned brands, such as Dulux, Sikkens, and International, offer a wide range of colors, finishes, and protective coatings. While their products are widely used by professional painters and industrial customers, Akzo Nobel also provides paints and coatings that are accessible to private individuals. When looking at companies operating within the same market segment and competing with Akzo Nobel we find names such as PPG, Sherwin-Williams, and Axalta.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage