We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Akzo Nobel NV | EU:AKZA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.32 | -0.57% | 55.84 | 55.50 | 56.50 | 56.06 | 55.28 | 55.78 | 745,479 | 16:40:00 |
From Dec 2019 to Dec 2024
By Carlo Martuscelli
Akzo Nobel NV (AKZA.AE) said Wednesday that third-quarter net income from continuing operations rose 23% as costs fell and that it sees continued raw-material inflation for the rest of the year.
The company said that net income from continuing operations was 149 million euros ($172.5 million) for the quarter, compared with EUR121 million the year-before period. Revenue from continuing operations decreased 3.8% to EUR2.33 billion, missing the company-provided consensus forecast of EUR2.43 billion, but was flat at constant currency. General and administrative expenses fell 7.3% to EUR763 million, it said.
Akzo Nobel said that volumes decreased 6% as the company focused on value.
The Dutch paints company declared an interim dividend of EUR0.37 pence.
"Raw material inflation is projected to continue for the remainder of 2018, although at a slower rate than during the start of the year," Akzo Nobel said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
October 17, 2018 01:43 ET (05:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Akzo Nobel NV Chart |
1 Month Akzo Nobel NV Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
