AkzoNobel Grows Q2 Margins, Plans India Exit

AkzoNobel reported an adjusted EBITDA margin of 15% for the second quarter of 2025, a 60 basis point improvement compared to Q2 2024. The margin increase was driven by pricing discipline and efficiency gains, despite a €24 million adverse currency impact and flat organic sales. Adjusted EBITDA for the quarter was €393 million, down slightly from €400 million last year.
The company also announced it signed a binding agreement to sell Akzo Nobel India Limited to the JSW Group, with the transaction expected to close in the fourth quarter.
Net cash from operating activities improved to €234 million, up from €151 million in Q2 2024.
CEO Greg Poux-Guillaume stated, “We’re delivering on our value-creation milestones...we’ll continue to unlock value and position the company for stronger and more focused growth.”
AkzoNobel reaffirmed its full-year 2025 guidance and mid-term targets for profitability and leverage. Read the full release.
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