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Paints and coatings producer Tikkurila (Vantaa, Finland) has reported first-quarter adjusted operating profit of €8.2 million, more than doubling year on year (YOY), on flat revenue of €129 million.
AkzoNobel has reported first-quarter net income of €65 million ($73 million), down from €253 million in the year-ago quarter.
Axalta today reported first-quarter net income down 17.8% year on year (YOY), to $98.6 million, on sales down 4.5%, to $1.12 billion.
Sherwin-Williams (SW) reports net income down 2.0% year-on-year (YOY), to $245.2 million, on sales up 1.9%, to $4.04 billion.
Nippon Paint says it plans to acquire DuluxGroup (Clayton, Australia) for ¥300.5 billion ($2.7 billion).
Lonza says that it had a "solid start to the year 2019 with continued positive momentum in its core healthcare businesses." Financial details have not been disclosed.
PPG Industries says it has closed the acquisition of Hemmelrath (Klingenberg, Germany), a maker of coatings for automotive OEMs.