Akzo Nobel CEO: No Linear Path to 15 by 20 Target

The transcript discusses the company's strategies for achieving growth through cost savings and margin management, despite macroeconomic challenges like inflation and trade wars. It highlights the seasonal nature of the business and the goal of achieving a 15% return on sales by 2020. The company addresses skepticism from analysts, emphasizing their project management and innovation efforts. M&A strategies are also discussed, with a focus on maintaining leverage goals and balancing innovation with acquisitions.

How does the company view its plans in relation to analyst skepticism?

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What role does M&A play in the company's strategy according to the text?

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What are the implications of macroeconomic factors on the company's performance?

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