Akzo’s ambition to deliver +50bp on average annually over 2021-23 will be explained on 17/02/22, but the Q4 21 figures were solid and look like quite a good basis for getting there. The company slightly beat consensus (sales: +0.9%; adjusted EBITDA: +0.8%). Our cautious estimates were beaten more meaningfully (sales: +8.3%; adjusted EBITDA: +6.7%) as we thought the businesses would suffer more from the mix of supply constraints and higher raw material prices. The company plans to accelerate pric ....
09 Feb 2022
The miracle will be explained a bit later on
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The miracle will be explained a bit later on
Akzo’s ambition to deliver +50bp on average annually over 2021-23 will be explained on 17/02/22, but the Q4 21 figures were solid and look like quite a good basis for getting there. The company slightly beat consensus (sales: +0.9%; adjusted EBITDA: +0.8%). Our cautious estimates were beaten more meaningfully (sales: +8.3%; adjusted EBITDA: +6.7%) as we thought the businesses would suffer more from the mix of supply constraints and higher raw material prices. The company plans to accelerate pric ....