IHS Chemical Week

World News and Views :: Top of the News

AkzoNobel's Third-Quarter Income Rises on Cost Savings and Improved Margins

4:12 AM MDT | October 27, 2009 | Kerri Walsh

Cost reduction programs and improved margins helped AkzoNobel lift third-quarter net income by 30%, to €197 million ($293 million). Sales, however, fell 10%, to €3.6 billion because of weak demand. Ebitda from continuing operations rose 4%, to €549 million because of margin management and cost reduction programs. AkzoNobel is targeting €540 million in savings by the end of 2011, but it already reached €530 million by the end of the third quarter. Restructuring activities include supply chain and integration projects in the European...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.


Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis from the entire global chemical enterprise on chemweek.com
  • Mobile edition of Chemical Week
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional focus
  • Global outlook issue

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa