AkzoNobel delivers continued volume growth and margin expansion in both Paints and Coatings

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Akzo Nobel has published its results for Q1 2024. Highlights include: Organic sales up 2%, driven by volume growth in both Paints and Coatings; revenue down 1% Operating income improved to €261 million (2023: €182 million) Adjusted EBITDA €363 million (2023: €305 million), adjusted EBITDA margin 13.8% (2023: 11.5%) Net cash from operating activities negative…

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