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AkzoNobel plans more asset sales after cutting 2025 guidance
2025-10-24
Global paints and coatings major AkzoNobel has announced plans to sell additional assets after lowering its earnings guidance for 2025. The company is undertaking a strategic review to streamline operations and strengthen its balance sheet amid challenging global market conditions.
AkzoNobel now expects adjusted operating income to be between EUR 1.3 billion and EUR 1.5 billion for 2025, down from earlier projections. The firm cited weaker demand in Europe and the United States as key factors impacting its outlook.
The company aims to focus on high-margin segments, enhance operational efficiency, and use proceeds from divestments to reduce debt and support sustainability-led growth initiatives.
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