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Akzo Nobel Q3 Profit Up 30% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Tuesday, Akzo Nobel (AKZOY,AKZOY.PK) said its third-quarter net income rose 30% to EUR 197 million from EUR 152 million in the prior year period.

Third-quarter revenue decreased 10% to EUR 3.63 billion from EUR 4.04 billion in the year-ago period.

The company said it remains committed to improving operational efficiency through further restructuring and cost control and to achieving its medium-term target of an EBITDA margin of 14% by the end of 2011.

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