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Stable performance in testing economic environmentAkzoNobel today reported 6 percent autonomous growth for the first quarter of 2008, indicating a strong underlying trend. However, this was offset by a similar negative currency impact. Operational margins of continuing operations were flat.
Operational highlights for the quarter
- Ongoing trend of underlying growth, in local currencies, in most businesses
- Autonomous growth of 6 percent offset by currency headwind
- ICI integration and synergies on track
- Earnings per share of continuing operations up 6 percent
- Total net income €118 million, up €40 million
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