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Home » AKZO NOBEL REPORTS DROP IN 3Q PROFITS
AKZO NOBEL REPORTS DROP IN 3Q PROFITS
October 19, 2005
Dutch chemicals company Akzo Nobel reported a 66 percent drop in third-quarter profit Wednesday, in part because last year's earnings benefited by a one-time sale of assets. Net profit came to euro175 million (US$209.3 million), down from euro510 million, while sales rose 2 percent to euro3.30 billion (US$3.95 billion) from euro3.22 billion.
Forbes (http://www.forbes.com/business/feeds/ap/2005/10/19/ap2285521.html)
KEYWORDS Daily International Pharma Alert
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