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AkzoNobel

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Reuters - vor 5 Tagen

French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 12 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ABN AMRO ABNd.AS Dutch government said it completed the sale of part of its ABN AMRO shares. AKZO NOBEL AKZO.AS Issued 500 million euros ten-year maturity bond.
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Reuters - vor 6 Tagen

Akzo Nobel Issues EUR 500 Mln Ten-Year Maturity Bond

BRIEF-Akzo Nobel Issues EUR 500 Mln Ten-Year Maturity Bond Sept 11 (Reuters) - Akzo Nobel NV AKZO.AS : SUCCESSFULLY ISSUES A EUR 500 MILLION BOND TEN-YEAR MATURITY AND A COUPON OF 3.750% SETTLEMENT IS SCHEDULED FOR SEPTEMBER 16, 2024 Source text for Workspace: nNDL9fCgSq Further company coverage: AKZO.AS (Gdansk Newsroom)
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Reuters - vor 6 Tagen

Indian paintmakers gain on crude slip

BUZZ-Indian paintmakers gain on crude slip ** Shares of Asian Paints ASPN.NS gain 2.2%, Berger Paints India BRGR.NS rise 2.3% ** Smaller peer Kansai Nerolac KANE.NS up 1%, while Akzo Nobel India AKZO.NS is flat ** Brent crude futures LCOc1 fell below $70 for the first time in three years before recovering to $70.3 levels O/R ** Crude prices make up
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Reuters - vor 2 Wochen

Akzo Nobel India rises after starting production at plant

BUZZ-Akzo Nobel India rises after starting production at plant ** Shares of Akzo Nobel India Ltd AKZO.NS rise as much as 4.6% to 3,855 rupees ** Paint maker says it has commenced commercial production at its Gwalior plant on Sept. 5 with an installed production capacity of 5166 T per annum ** Adds, invested 1.05 bln rupees ($12.51 million) to increase production capacity to meet the growing demand for powder coating, especially in North and East India ** Stock on track to gain for third week **
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Reuters - vor 2 Wochen

MS says 2025 turning point for EU chemicals, names Akzo as top pick

BUZZ-MS says 2025 turning point for EU chemicals, names Akzo as top pick ** Current demand growth in European chemicals lacks near term catalysts, but is set to improve from 2025, supported by interest rates' cuts and lower gas prices, says Morgan Stanley ** MS analysts anticipate 2.7% supply growth on average over the next four years (vs 4.6% over
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Reuters - vor 2 Wochen

Air Liquide, Novo Nordisk, Syensqo

EUROPE RESEARCH ROUNDUP- Air Liquide, Novo Nordisk, Syensqo Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Novo Nordisk and Syensqo, on Thursday. HIGHLIGHTS * Air Liquide AIRP.PA : Morgan Stanley cuts to underweight from equal-weight * Lanxess AG LXSG.DE : Morgan Stanley raises to overweight from underweight * Novo Nordisk NOVOb.CO : JP Morgan raises target price to DKK 1050 from DKK 950 * Swiss Life Holding AG
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Reuters - vor 1 Monat

Berger Paints India beats Q1 profit estimates on lower taxes

Berger Paints India beats Q1 profit estimates on lower taxes BENGALURU, Aug 9 (Reuters) - Berger Paints India BRGR.NS reported first quarter profit above estimates on Friday, helped by lower tax expenses. The company reported consolidated net profit of 3.54 billion rupees ($42.2 million) for the April-June period, largely unchanged from year ago, but above analysts' average estimate of 3.42 billion rupees as per LSEG data.
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Reuters - vor 1 Monat

India's Grasim posts loss in Q1 as paint business drags margins

India's Grasim posts loss in Q1 as paint business drags margins BENGALURU, Aug 9 (Reuters) - India's Grasim Industries GRAS.NS reported a first-quarter loss on Friday, as its newly-launched paint business hurt margins while it struggled to keep a lid on costs. Indian paint manufacturers are grappling with declining customer loyalty as consumers increasingly turn to more affordable options.
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Reuters - vor 2 Monaten

Akzo Nobel India hits record high after Q1 profit rises

BUZZ-Akzo Nobel India hits record high after Q1 profit rises ** Shares of Akzo Nobel India Ltd AKZO.NS rise as much as 3.4% to a record high of 3,076 rupees ** Maker of Dulux Paints reported a 4.3% rise in Q1 consol net profit to 1.15 bln rupees ($13.74 mln), helped by a rise in demand for its paint products ** Q1 consol rev from ops grew 3.7% y/y ** Adds, see an increase in raw material costs in the second half of the fiscal and are taking necessary pricing actions ** Stock on track to gain for
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Reuters - vor 2 Monaten

Paint maker Akzo Nobel India reports Q1 profit rise on higher demand

Paint maker Akzo Nobel India reports Q1 profit rise on higher demand BENGALURU, Aug 1 (Reuters) - Akzo Nobel India AKZO.NS reported a 4.3% rise in its first-quarter profit on Thursday, as demand for its paint products across different verticals picked up in June ahead of the monsoon. The maker of Dulux Paints said its consolidated net profit rose to 1.15 billion rupees ($13.74 million) in the quarter ended June 30, from 1.1 billion rupees a year earlier.
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Reuters - vor 2 Monaten

India economic, corporate events on August 1

DIARY- India economic, corporate events on August 1 BENGALURU, Aug 1 (Reuters) - Diary of India economic, corporate events on August 1. ECONOMIC, CORPORATE .BSE500 EVENTS: RIC Local Start Date Local Time Indicator Name Period Reuters Poll Prior INPMI=ECI 1 Aug 2024 10:30 HSBC MANUFACTURING PMI July 59.0 58.5 Start Date Start Time RIC Company Name E
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Reuters - vor 2 Monaten

India paint maker Kansai Nerolac gains on Q1 profit rise

BUZZ-India paint maker Kansai Nerolac gains on Q1 profit rise ** Kansai Nerolac Paints KANE.NS shares up 3%, set for best day in three weeks ** Kansai Nerolac, a unit of Japan's Kansai Paint 4613.T , reports 4% rise on adjusted Q1 profit , helped by price hikes ** Other paint companies -- Shalimar Paints SHLP.NS , Asian Paints ASPN.NS , Berger Pain
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Reuters - vor 2 Monaten

India's Kansai Nerolac Q1 adjusted profit rises on automotive demand

India's Kansai Nerolac Q1 adjusted profit rises on automotive demand BENGALURU, July 29 (Reuters) - India's Kansai Nerolac Paints KANE.NS posted a 4% year-on-year rise in first-quarter adjusted profit on Monday, aided by continued demand for automotive coatings. The company, owned by Japan's Kansai Paint Co 4613.T , said its consolidated profit before exceptional items and tax in the quarter ended June 30 rose to 3.08 billion rupees ($36.8 million) from 2.95 billion rupees a year ago.
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Reuters - vor 2 Monaten

Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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Reuters - vor 2 Monaten

B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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Reuters - vor 2 Monaten

Akzo Nobel dips on Q2 miss and narrowed guidance

BUZZ-Akzo Nobel dips on Q2 miss and narrowed guidance ** Shares in Akzo Nobel AKZO.AS are down 4.1% as the Dulux paint maker posted Q2 results short off expectations and sees its FY2024 guidance at the lower-end of the announced range ** Akzo registered an Q2 EBITDA of 400 million euros ($435.04 million), well below the 414 million expected by anal
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Reuters - vor 2 Monaten

Akzo Nobel's Q2 core profit misses expectations, sending shares lower

UPDATE 4-Akzo Nobel's Q2 core profit misses expectations, sending shares lower Q2 EBITDA 400 mln eur vs 414 mln eur consensus Narrows 2024 core profit guidance Plant closures on track , more to be announced Shares down 3% Updates lead with share move, adds CFO raw material comments By Stephanie Hamel and Charlotte Eugenie Yvette Bawol July 23 (Reuters) - Dulux paints maker Akzo Nobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, falling short of analysts' expectations due
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Reuters - vor 2 Monaten

Dulux maker AkzoNobel Q2 core profit rises, but misses expectations

Dulux maker AkzoNobel Q2 core profit rises, but misses expectations July 23 (Reuters) - AkzoNobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, boosted by volume growth and higher prices, but it fell short of analysts' expectations. The Dutch paints and coatings maker posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 400 million euros ($435.60 million), up from 397 million euros a year ago, but missing the 414 million euros expected
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Reuters - vor 2 Monaten

India's Asian Paints misses Q1 earnings estimates on weak demand, discounts

India's Asian Paints misses Q1 earnings estimates on weak demand, discounts BENGALURU, July 17 (Reuters) - India's Asian Paints ASPN.NS reported first-quarter earnings below estimates on Wednesday, hurt by weak demand and price cuts taken to stave off tight competition. The paintmaker's consolidated net profit fell 24.5% to 11.70 billion rupees ($140.1 million) for the quarter ended June 30, its biggest slide in three years.
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Reuters - vor 2 Monaten

Adidas, Spirax Group, Stroeer

EUROPE RESEARCH ROUNDUP-Adidas, Spirax Group, Stroeer July 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Spirax Group and Stroeer, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : JP Morgan raises target price to EUR 260 from EUR 250 * J D Wetherspoon JDW.L : Jefferies raises target price to 1,000p from 925p * Spirax Group SPX.L : HSBC raises to hold from reduce * Stroeer SAXG.DE : HSBC raises target price to EUR 79 fro
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