AkzoNobel issues profit warning following truce with investors

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...

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