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| AkzoNobel posts Q2 2009 results Dutch chemical group Akzo Nobel, the world's largest supplier of paints and coatings, announced its results for the second quarter of 2009. Trading remained tough throughout all of the businesses and, as a result, the company reported a revenue decline of 10 percent to €3,668 million, while EBITDA was €527 million, 9 percent lower. AkzoNobel remains committed to achieve its medium-term target of an EBITDA margin of 14 percent by the end of 2011, deliver the combined €540 million synergies and restructuring initiatives, drive margin management programs and rigorous cost and cash control across the company. write your comments about the article :: © 2009 Construction News :: home page |