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...Dulux owner Akzo Nobel plans to slash jobs and European production as the region’s manufacturers struggle with soaring costs that could lead to a string of factory closures....
...Dulux owner Akzo Nobel has warned of a “big scarcity” of painters and decorators exacerbated by Brexit and the Covid-19 pandemic as the group backs a start-up developing a paint robot to ease the labour...
...Akzo Nobel has warned that falling consumer confidence would weigh on third-quarter profits as “high macroeconomic uncertainty” in its core European and Chinese markets prompted customers to run down their...
...Akzo Nobel has warned that falling consumer confidence triggered by the crisis in China’s real estate market is adding to economic headwinds, as Europe’s biggest paint maker suspended its profit guidance...
...Akzo Nobel’s second-quarter earnings missed forecasts as the Dutch paints and coatings maker said it was hit by two months of lockdowns in China and destocking in Europe....
...Europe’s biggest paint maker Akzo Nobel has missed second-quarter earnings forecasts after it was hit by Covid lockdowns in China and falling demand in Europe....
...Europe’s biggest paint maker Akzo Nobel has experienced disruption to some of its operations from the scarcity of truck drivers in North America, becoming the latest industrial group to highlight worker...
...Europe’s biggest paint maker Akzo Nobel warned that a scarcity of truck drivers in North America had disrupted some of its operations, making it the latest industrial group to highlight the labour shortage...
...Akzo Nobel has four paint plants in Russia, supplying both residential and industrial customers....
...Akzo Nobel: Europe’s biggest paint maker publishes its second-quarter results. Akzo Nobel said in April that a scarcity of truck drivers in North America had disrupted some of its operations....
...Europe’s biggest paint maker Akzo Nobel has warned that prices will rise as much as 16 per cent in the first three months of the year, but said raw material costs had peaked thanks to a slowdown in China...
...Dulux paint owner Akzo Nobel is slashing jobs and production in Europe in the face of falling demand....
...His comments came as Akzo Nobel reported weaker than expected adjusted operating income of €241m in the third quarter, despite revenues rising 6 per cent to €2.4bn....
...Akzo Nobel this April....
...Europe’s biggest paint maker Akzo Nobel expects its Russian operations to collapse within weeks, making it one of the first multinationals to reveal how the country’s economy is buckling under sanctions....
...“You don’t remember what you paid last year for paint,” said Maarten de Vries, chief financial officer of Akzo Nobel. However, other executives closer to the customer fear demand will weaken....
...Akzo Nobel has warned that prices for its paint will keep soaring into next year because the cost of raw materials from petrochemicals to additives are rocketing, heaping more inflationary pressure on consumers...
...Earnings: Akzo Nobel, Europe’s largest producer of paint, will publish fourth-quarter results, as will Dutch bank ABN Amro, while Dutch payment company Adyen releases results for its second half....
...Europe’s largest paint maker Akzo Nobel put customers on notice for further price rises on Wednesday because of strong demand and supply chain disruptions that have pushed up the cost of raw materials....
...The stake of the US group, which is lobbying to oust the boss of UK drugmaker GlaxoSmithKline and waged a long battle against Akzo Nobel after the paint-maker rejected a takeover bid, “reflects its strong...
...Akzo Nobel, Europe’s biggest paint maker and producer of Dulux, missed its earnings forecasts after being hit by Chinese lockdowns and a drop in demand from Europe....
...From port backlogs to semiconductor shortages and soaring commodity prices, bottlenecks threaten the global economic recovery and have seen consumer groups such as Unilever, Nestlé and paint company Akzo...
...Dutch paint maker Akzo Nobel reported weaker than expected quarterly results on Wednesday, however, citing raw material price inflation and supply chain disruptions....
...Dutch paints and coatings manufacturer Akzo Nobel has offered to buy Finland’s Tikkurila for €1.4bn in an attempt to trump a rival bid by US-based PPG Industries....
...Europe’s largest paint maker, Akzo Nobel, said it expected its operations in Russia to collapse within weeks....
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