AkzoNobel : Preview 1Q21 results due 21 April
>We forecast adjusted operating income of € 289m, 5% above consensus - AkzoNobel is to report its 1Q21 results on 21 April at 07.00 CET followed by a conference call at 09.00, accessible via 1. We forecast adjusted operating income of € 289m, up 35% yoy and 5% above consensus (Vara).We are mainly above consensus on Performance Coatings - We expect 1Q21 revenues of € 2,118m, up 3% yoy (volumes 7%, price/mix 1%). We forecast Decorative Pa...Akzo Nobel N.V. is a holding company. Through its subsidiaries, Co. is engaged in the production and marketing of paints, coatings and specialty chemicals. Co. has three segments: Decorative Paints, which supplies products for the professional and do-it-yourself markets, including paints, lacquers and varnishes, as well as products for surface preparation; Performance Coatings, which is divided into the following businesses: Automotive and Aerospace Coatings, Industrial Coatings, Marine and Protective Coatings, and Powder Coatings; and Specialty Chemicals, which are used in products such as ice cream, soups, disinfectants, plastics, soaps, detergents, cosmetics, paper and asphalt.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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