Akzo Nobel Confirms Financial Guidance For 2020 [Reuters]
AKZO NOBEL N V S/ADR (AKZOY)
US:NASDAQ Investor Relations:
akzonobel.com/for-investors/shares/adr
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Source: Reuters
Akzo Nobel NV (AKZOY.PK) Key Developments | Reuters.com Feb 8 (Reuters) - AKZO NOBEL NV ::AKZONOBEL DELIVERS ANOTHER YEAR OF INCREASED EBIT FOR 2017; ON TRACK TO CREATE TWO FOCUSED BUSINESSES; RECONFIRMS 2020 FINANCIAL GUIDANCE.FULL SEPARATION OF SPECIALTY CHEMICALS, EITHER VIA PRIVATE SALE OR LEGAL DEMERGER, REMAINS ON TRACK FOR APRIL.REVENUE, INCLUDING DISCONTINUED OPERATIONS, FOR FULL-YEAR 2017 EXPECTED TO BE UP 3%.?AKZONOBEL ALSO CONFIRMS FINANCIAL GUIDANCE FOR 2020*: PAINTS AND COATINGS 15% ROS, ROI 25%; SPECIALTY CHEMICALS 16% ROS, ROI 20%, REFLECTING CONTINUED GROWTH IN PROFITABILITY?.AKZO NOBEL - EBIT, INCLUDING DISCONTINUED OPERATIONS, FOR FULL-YEAR 2017 EXPECTED TO BE AROUND EUR 1,525 MILLION (2016: EUR 1,502 MILLION).ALSO CONFIRMS FINANCIAL GUIDANCE FOR 2020.?TRANSFORMATION OF AKZONOBEL INTO FOCUSED PAINTS AND COATINGS COMPANY, INCLUDING SEPARATION OF SPECIALTY CHEMICALS, IS PROGRESSING WELL?.REVENUE, INCLUDING DISCONTINUED OPERATIONS, FOR FULL-YEAR 2017 EXPECTED AT AROUND
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