AkzoNobel continues to see improving trend in Q3 2020
As the complex situation regarding the global Covid-19 pandemic continues to evolve, AkzoNobel has provided a short update on its recent business performance.
The company reports that market headwinds have continued to ease during recent months. Based on current trading, total revenue for the third quarter is expected to be close to the previous year in constant currencies.
Although trends differ per region and segment, AkzoNobel reports that end market demand for Decorative Paints is strong in Europe and South America and continues to improve for Performance Coatings.
Financial results for the third quarter will be announced on 21 October 2020.