Akzo paints business stabilising
Published: Friday, 19 February 2010
World No.1 coatings producer reports stronger Q4 buts says “recovery is fragile”
worlds largest coatings and paints producer, Akzo Nobel
NV, reported increased operating profits and margins in Q4 2009
as demand began to pick up in some businesses.
Earnings before interest and tax (EBIT) rose 7% year on year
to 248m. ($335m.), but sales were down 10%...