(Reuters) - AMSTERDAM, April 24 - Dutch chemical group Akzo Nobel NV beat expectations on Tuesday with an 18 percent rise in first-quarter core profit to 219 million euros on organic sales growth and strong margins.
Analysts had expected earnings before interest and taxes , excluding its pharma unit which will be sold, and incidentals, to fall 5.3 percent to 179 million, according to the average forecast of six analysts in a Reuters poll. Forecasts ranged from 165 million euros to 197 million euros.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment