AkzoNobel Q2 profit beat; Axalta merger on track
AkzoNobel posted 5% organic growth in Q2 core profit with adjusted EBITDA of 398 million euros, beating expectations as price increases offset higher input costs linked to the Middle East. The company reaffirmed progress on the Axalta merger, with a shareholder vote on August 5 and a planned closing in 2026–2027, and guided for 2026 EBITDA of at least 1.47 billion euros and a stable leverage profile near 2x.
