AkzoNobel Q3 Report 2022

Pricing up 13%. Revenue was 19% higher, and 14% higher in constant currencies, mainly resulting from significant pricing initiatives. Volumes were 5% lower, mainly due to destocking in the distribution channels in Decorative Paints Europe and in Performance Coatings, as well as lower market demand in China. Furthermore, volumes were negatively impacted by supply chain disruptions, especially in North America. Acquisitions added 5%.