Dow Jones Newswires: Akzo Nobel sees macroeconomic uncertainties continuing as profit falls, but beats views

April 25, 2023

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…

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

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