International. Thanks to the measures implemented to counteract the increases in the cost of raw materials and the effect of exchange rate variations, Akzo Nobel achieved an 8% increase in its revenues during the second quarter of the year.
The company's financial report also announced that the decorative paints sector achieved an increase in revenue of 6% for this period, thanks largely to the favorable price ratio that the company has handled.
Revenue from the high-performance coatings sector increased 12%, while the chemicals division reported a 6% increase in profit.
In addition to reporting its good results, the company also noted that an inflation trend continues to be seen in the global commodities market, although lower than that presented last year. As they explained, the main cause of this increase in costs is titanium dioxide.
