Akzo Nobel $AKZA.AS, the Dutch paint and coatings manufacturer, has announced a 1.7% decline in adjusted EBITDA for the first quarter of the fiscal year. Despite the decrease, the performance surpassed analysts' expectations, largely attributed to the company’s strategic initiatives in reducing costs and implementing price increases. This highlights Akzo Nobel's ability to navigate a challenging retail environment while maintaining profitability.

Akzo Nobel India $AKZOINDIA.NS, a renowned paint manufacturer under the Dulux brand, has reported a decline in profits for the third quarter due to increasing expenses. Despite a rise in operating revenue, the company faced a significant hike in raw material costs and a decrease in consolidated net profit.