AkzoNobel : Margins continue to improve
>Solid volumes for the group. Slightly weaker Decorative Paints - AkzoNobel posted a relatively good Q4 23 with a continuation of yoy improvements (albeit from a relatively depressed base), driven by both a positive price/mix and volume effect, as well as the expected feed through of normalising raw material prices. Overall Q4 group revenues and adj. operating income came in at € 2,529m and € 221m respectively; revenues where in line with ccs estimates, while operatin...Akzo Nobel N.V. is a holding company. Through its subsidiaries, Co. is engaged in the production and marketing of paints, coatings and specialty chemicals. Co. has three segments: Decorative Paints, which supplies products for the professional and do-it-yourself markets, including paints, lacquers and varnishes, as well as products for surface preparation; Performance Coatings, which is divided into the following businesses: Automotive and Aerospace Coatings, Industrial Coatings, Marine and Protective Coatings, and Powder Coatings; and Specialty Chemicals, which are used in products such as ice cream, soups, disinfectants, plastics, soaps, detergents, cosmetics, paper and asphalt.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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