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Akzo Nobel NV on Wednesday reported a more-than halved second-quarter net profit–missing market forecasts–as it booked higher costs, and said it aims to grow at or above its relevant markets, in line with the company’s “Grow & Deliver” strategy.
The Dutch paints company NL:AKZA, which houses the Dulux, Polycell and Cuprinol brands, made a net income for the quarter of 106 million euros ($108.4 million), compared with EUR261.0 million a year earlier and a consensus of EUR176.5 million.
Adjusted…
