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Akzo Nobel’s Fourth-Quarter 2007 Sales Rise

4:16 AM MST | January 31, 2008 | Kerri Walsh

Akzo Nobel says fourth-quarter 2007 revenues rose 2%, to €2.4 billion ($3.6 billion), excluding the ICI acquisition. Akzo’s coatings and chemicals sales rose 2% and 7%, respectively. ICI’s revenues were £1.2 billion ($2.5 billion). Akzo will announce fourth-quarter results for both companies on March 6. Akzo completed its purchase of ICI on January 2. “We have established good momentum with our integration plans, and I am pleased with progress so far,” says Akzo CEO Hans...

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