Akzo Nobel NV
AKZA: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?B^ | LOCK|$M | LOCK|S>Nh?q |
Tough End Markets Pressure AkzoNobel's Results, Though Long-Term Recovery Looks Plausible
Business Strategy and Outlook
AkzoNobel is the world’s third-largest paint and coatings producer, operating with a substantial footprint across multiple continents. The company is more internationally skewed than peers, with Europe, the Middle East, and Africa representing 48% of sales in 2025, followed by 28% from Asia, 12% from Latin America, and 12% from North America. The company operates through two segments: decorative paints (40% of sales) and performance coatings (60% of sales).
