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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  AkzoNobel    AKZA   NL0000009132

AKZONOBEL (AKZA)
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AkzoNobel : MediaCom named as victor in global AkzoNobel Decorative Paints account review

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12/08/2017 | 12:38am CEST

MediaCom has won the global AkzoNobel Decorative Paints account, extending its long-standing relationship with the world's leading paint and coatings company by adding media planning and buying duties in South Africa, Argentina, and MENA to their roster...

MediaCom has won the global AkzoNobel Decorative Paints account, extending its long-standing relationship with the world’s leading paint and coatings company by adding media planning and buying duties in South Africa, Argentina, and MENA to their roster. AkzoNobel is the holding company of leading home and industrial decorative brands such as: Dulux, Sikkens, International, Interpon and Eka.

The account win follows a highly competitive five-month pitch, covering all the the Decorative Paints division’s biggest spending markets including China, the UK, Indonesia and India.

MediaCom’s win was based not just on an existing relationship, which extends back to 2007, when it first began to work with the brand in Asia Pacific, but also for its strategic systems planning approach.

MediaCom’s innovative “Cultural, Tribal and Individual” framework will allow the agency, and the AkzoNobel team to better organise marketing communications and content, while enhancing the use of highly complex digital solutions.

“We’re thrilled to be continuing our highly successful partnership with AkzoNobel into its second decade. MediaCom prides itself on long-term relationships with its clients, allowing us to truly understand their businesses and offer compelling and effective solutions to their key challenges,” said James Marples, Global Account Director, MediaCom.

(c) All rights reserved. 2017. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2018 9 539 M
EBIT 2018 926 M
Net income 2018 2 996 M
Debt 2018 1 525 M
Yield 2018 2,85%
P/E ratio 2018 8,91
P/E ratio 2019 24,84
EV / Sales 2018 2,12x
EV / Sales 2019 2,02x
Capitalization 18 667 M
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Number of Analysts 17
Average target price 84,2 €
Spread / Average Target 13%
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Thierry F. J. Vanlancker Chief Executive Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Ruud Joosten Chief Operating Officer
Maarten de Vries Chief Financial Officer
Peggy Bertha Bruzelius Member-Supervisory Board
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