AkzoNobel issues profit warning following truce with investors
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Published: Friday, 08 September 2017
The paintmaker said earnings would come below €100m, as it continues with its chemical spin-out plans.
AkzoNobel, which owns the Dulux paint
brand, has ditched its previous profit target, only weeks after
calling a ceasefire with investors over a rejected takeover
bid.
"Current challenges in the paints and coatings markets are
having a wider and greater impact as the year continues," said
Akzo's CEO Thierry Vanlancker on 8...