Dulux maker AkzoNobel confirms full-year guidance
AXTA•AkzoNobel confirmed its 2026 adjusted EBITDA guidance of €1.47 billion after third-quarter adjusted EBITDA rose 0.8% to €388 million, slightly above analysts’ €387 million consensus. The company said its planned $25 billion merger with Axalta is expected to close in early 2027.
1. Third-quarter earnings
AkzoNobel said third-quarter adjusted EBITDA rose 0.8% year on year to €388 million, compared with analysts’ consensus of €387 million. Its adjusted EBITDA margin widened to 15.3% from 15.1%. The company cited higher prices and its cost-cutting plan as drivers of growth.
2. Guidance and merger
The company confirmed its 2026 adjusted EBITDA guidance of €1.47 billion and its mid-term targets. CEO Greg Poux-Guillaume said the planned $25 billion merger with Axalta was “firmly on track,” with regulatory approvals advancing, and was expected to close in early 2027.
