Change
Tools:
XLS Download (not available)
Print this page Recommend this page

Europe


Weak market and cold weather had an adverse effect on volumes, particularly in the first two months of the quarter. The professional market was particularly weak. Margins were stable compared with 2009, although inflationary effects in raw materials and packaging are starting to show. In the UK, the retail market had a solid quarter based on very strong promotional activity by both Homebase and B&Q. Restructuring has been ongoing in Germany and Northern Europe. The closure and integration of multiple sites across Europe is running according to plan.

Copyright © 2010 Akzo Nobel N.V.