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  • UPDATE 1-Akzo Nobel Q1 core profit up 19 pct on higher prices

  • Dutch paints and coatings maker Akzo Nobel on Wednesday met analyst expectations with a 19 percent increase in core profit to 248 million euros ($278.2 million), as higher prices and cost savings offset raw material inflation. Revenues were flat at 2.19 billion euros, despite falling sales volumes in China and other regions, while Akzo said it was on track to meet its financial targets set for 2020.
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