AkzoNobel: stock up after trading update

(CercleFinance.com) - The AkzoNobel share is up over 3% in Amsterdam on Thursday, with the coatings and paints supplier saying that it continues to see an improving trend in the third quarter in a review of its recent performance.


"Market headwinds have continued to ease during recent months. Based on current trading, total revenue for the third quarter is expected to be close to previous year in constant currencies," the Dutch group said.

"Although trends differ per region and segment, end market demand for Decorative Paints is strong in Europe and South America and continues to improve for Performance Coatings," it adds.


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