AMSTERDAM, The Netherlands - Akzo Nobel N.V. (AkzoNobel) reported positive volume development in all three of the company’s business areas. The company reported second-quarter revenue of €3,710 million, 4% lower compared with the same quarter last year. The decrease was mainly due to 5% adverse currency effects.
Operating income improved 10% to €353 million (2013: €322 million), leading to an increase in net income attributable to shareholders of €205 million (2013: €184 million on a comparable basis). Excluding restructuring costs, return on sales improved in all three business areas, with an overall ROS of 9.5% (2013: 8.3%).