Top Story

AkzoNobel headquarters

Update Cost-cutting drives increased Akzo Q2 profit

LONDON (ICIS)--AkzoNobel’s net income for the second quarter of the year jumped 11% despite a drop in sales, the Netherlands-headquartered paints and coatings specialist said on Tuesday, as its long-running cost and efficiency programme starts to bear fruit.

Return on sales improved to 9.5% compared to 8.3% in the second quarter of 2013, helping to drive increased earnings and profit despite a 4% year-on-year drop in sales to €3.7bn on the back of currency effects, the company said.

more >>


Pages 1 | 2 | 3 | 4 | 5 | 6... PreviousNext

Free trial to ICIS


INSIGHT: Still anticipating expansion
“In the aggregate it’s reasonably benign.” more

VIDEO: ICIS Special Report - Asia methanol, acetic acid


We welcome your feedback. Please feel free to send us your comments on any aspect of this site. Click here to make your comments.