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AkzoNobel Reports 4% Rise in Third-Quarter Core Profit

AkzoNobel said organic third-quarter core profit rose 4%, slightly above market expectations, supported by higher pricing and its cost-cutting plan.

AKZA

Dulux paint maker Akzo Nobel EURONEXT:AKZA reported a 4% organic rise in its third-quarter core profit on Wednesday, slightly above market expectations, supported by higher pricing and its ongoing cost cutting plan.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) cam…