Coatings division down slightly

14.02.2003

In 2002 Akzo Nobel recorded sales down by one per cent in its coatings division

Last year, Akzo Nobel’s paints and coatings division recorded a one per cent drop in sales to € 5.521 bn. However, sales of decorative products included within this sum rose by two per cent to € 1.915 bn. The entire division’s operating profits improved by nine per cent. The company credits this in part to cost savings in the area of decorative coatings.
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