Cramer: Akzo Nobel's Earnings May Paint Good Picture for Home Depot Stock
Posted on Wednesday February 13, 2019
, Jim Cramer says. Akzo was trading up around 4% in Amsterdam on Wednesday after unveiling a stock-buyback plan and reporting that earnings report that showed fourth-quarter revenues rose 1% to about $2.6 billion (2.31 billion euros). Akzo also said that revenues would have jumped 4% except for unfavorable currency-exchanges rate.
[$$] Akzo Nobel Shares Rise on Earnings
Posted on Wednesday February 13, 2019
Akzo Nobel NV’s (AKZA.AE) fourth-quarter adjusted earnings topped forecasts thanks to price increases and cost-savings programs, as the sale of its specialty-chemicals business boosted net profit. This was ahead of expectations of EUR177.9 million, according to a consensus estimate provided by the company.
Akzo Nobel fourth-quarter earnings beat expectations; sees lower input costs
Posted on Wednesday February 13, 2019
Dutch paint maker Akzo Nobel on Wednesday posted flat fourth-quarter core earnings of 240 million euros ($272 million).
[$$] Akzo confident of meeting takeover defence pledge
Posted on Tuesday February 12, 2019
Chief executive Thierry Vanlancker insisted Akzo Nobel was making progress towards its objective of generating 15 per cent return on sales by 2020, in the face of scepticism from investors and analysts. While the headline figure for return on sales was flat in 2018 at 10.6 per cent, it increased year-on-year in the fourth quarter from 8.4 per cent to 9 per cent.
