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Bloomberg

Akzo Nobel's Nichols Says Currency Swings Dented Profits

Amsterdam   Analyst   Audio   Barton   Bloomberg   Bloombergs   Chief   Costs   Currency   Dented   Economic   Estimates   Euros   Financial   Firstquarter   Foreignexchange   Impact   Income   Increased   Keith   Largest   Maker   Mark   Material   Million   Net   Nichols   Nobel   Nobels   Nv   Paints   Percent   Profit   Profits   Rates   Raw   Rising   Sara   Slowdown   Source   Speaks   Swings   Trailing   Volatility   Walker   

Akzo Nobel's Nichols Says Currency Swings Dented Profits

Akzo Nobel's Nichols Says Currency Swings Dented Profits

Keith Nichols, chief financial officer of Akzo Nobel NV, talks about the impact of volatility in foreign-exchange rates, rising raw material costs and the U.S. economic slowdown on first-quarter profit reported today. The world's largest maker of paints said net income increased 51 percent to 118 million euros ($183 million), trailing analyst estimates. Nichols speaks with Bloomberg's Mark Barton and Sara Walker from Amsterdam. (Source: Bloomberg)

Bloomberg | May 7, 2008

Tags:. .amsterdam. .analyst. .audio. .barton. .bloomberg

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