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Pre-market 02:14:11 am | |||
| 66.1 EUR | +0.61% |
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65.13 | -1.47% |
| Apr. 18 | AKZO NOBEL NV : Receives a Buy rating from Barclays | ZD |
| Apr. 17 | AKZONOBEL : Jefferies upgrades recommendation to 'buy | CF |
(Reuters) - Dutch paints and coatings maker Akzo Nobel reported on Wednesday weaker-than-expected quarterly core earnings, citing new coronavirus restrictions in China and slowing demand for decorative paints in Europe.
The Amsterdam-based firm's adjusted operating income fell by 26% year-on-year to 249 million euros ($255 million) in the quarter, below analysts' 261-million-euro average estimate in a Vara Research poll.
($1 = 0.9765 euros)
(Reporting by Valentine Baldassari and Elitsa Gadeva in Gdansk; editing by Milla Nissi)
| 1st Jan change | Capi. | |
|---|---|---|
| -11.65% | 12.02B | |
| -0.81% | 78.61B | |
| -18.03% | 32.23B | |
| -9.66% | 31.79B | |
| -16.74% | 15.32B | |
| -3.81% | 13.83B | |
| -6.36% | 7B | |
| -15.79% | 2.81B | |
| -18.99% | 2.64B | |
| -35.79% | 2.23B |
AKZO NOBEL N.V. 
