EBITDA Margin Expansion
Adjusted EBITDA margin expanded by 60 basis points to 15%, driven by pricing discipline and structural benefits from SG&A and industrial programs.
Strategic Portfolio Action
AkzoNobel successfully signed the sale of AkzoNobel India for EUR 1.4 billion at 25x 2025 EBITDA, retaining a royalty stream for coatings, and expecting EUR 900 million in net cash proceeds.
Operational Efficiency Achievements
The SG&A program has been fully implemented, delivering over EUR 150 million in recurring savings, with additional potential identified.
Positive Cash Flow
Generated EUR 162 million of free cash flow in Q2 despite EUR 49 million cash out related to restructuring activities.
Strong Performance in Specific Segments
Marine and Protective coatings delivered mid-single-digit volume growth, and Decorative Paints in China rebounded with high single-digit growth.