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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.