IHS Chemical Week

Markets :: Specialty Chemicals :: Surfactants

AkzoNobel’s Earnings Fall on Soft U.S. Decorative Coatings Market

5:02 AM MDT | May 7, 2008 | Kerri Walsh

AkzoNobel reported first-quarter net income from continuing operations down 4%, to €136 million ($210 million), excluding €151 million in charges mostly related to its ICI acquisition, which closed January 2. Sales rose 1%, to €3.5 billion. A “soft” U.S. decorative coatings market and unfavorable currency rates drove down profits and slowed sales growth. Autonomous revenue growth rose 6%, but was offset by exchange rates, Akzo says. Decorative paint sales fell 4% because “the trading environment continued to be soft,” in the U.S., Akzo says. PPG and...

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

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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