AkzoNobel shows paints downturn
Published: Thursday, 05 November 2009
The world’s largest paints group says recovery in demand remains fragile
Akzo Nobel NV,
the worlds largest producer of paints and coatings, said
a recovery in its markets remained fragile as it reported lower
sales for Q3 2009.
Revenue dropped 10% against the same period last year to
3,639m. ($5,412m.), although net profit improved to
219m. from 169m....