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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 CET

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 2017 14 624 M
EBIT 2017 1 531 M
Net income 2017 937 M
Debt 2017 1 773 M
Yield 2017 -
P/E ratio 2017 20,46
P/E ratio 2018 18,56
EV / Sales 2017 1,41x
EV / Sales 2018 1,39x
Capitalization 18 865 M
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Mean consensus HOLD
Number of Analysts 19
Average target price 78,4 €
Spread / Average Target 4,8%
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Managers
NameTitle
Thierry F. J. Vanlancker Chief Executive Officer
Antony Burgmans Chairman-Supervisory Board
Hans de Vriese Chief Financial Officer & Group Controller
Peggy Bertha Bruzelius Member-Supervisory Board
Louis R. Hughes Member-Supervisory Board
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