Akzo Nobel able to raise sales slightly in Coatings

In its Coatings division, Akzo Nobel NV of Arnhem/Holland was able to achieve a slight rise in sales of 0.3 % to €1.24bn (Jan.-March 2004: €1.23bn) in the first quarter of 2005. In spite of a price increase averaging 4 %, an approximate 10 % rise in the cost of raw materials caused EBIT to fall 26.2 % to €62m ...

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