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Akzo Nobel NV said Tuesday that first-quarter net profit fell after booking higher costs but beat consensus estimates, and that it expects the current macroeconomic uncertainties to continue and weigh on organic volume growth in 2023.
The Dutch paints company NL:AKZA –which houses the Dulux, Polycell and Cuprinol brands — made a net income for the quarter of 94 million euros ($103.9 million) compared with EUR154 million for the first quarter of 2022, and net income estimates of EUR89.2 million, taken from FactSet and based…
