Previous Close | 81.40 |
Open | 81.30 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 80.16 - 81.76 |
52 Week Range | 69.62 - 108.45 |
Volume | |
Avg. Volume | 674,407 |
Market Cap | 15.086B |
Beta (5Y Monthly) | 0.89 |
PE Ratio (TTM) | 18.75 |
EPS (TTM) | 4.29 |
Earnings Date | Apr 19, 2022 - Apr 25, 2022 |
Forward Dividend & Yield | 1.98 (2.47%) |
Ex-Dividend Date | Apr 26, 2022 |
1y Target Est | 104.33 |
Makers of chocolate bars and coffee to lawn mowers and industrial robots succeeded in passing on soaring costs to consumers, first-quarter earnings showed on Thursday, allaying fears higher prices could dent demand for their products. Some of Europe's biggest companies reported first quarter sales increases, with KitKat maker Nestle, Evian water owner Danone and Dulux paint maker Akzo Nobel saying they were able to accomplish the gains while raising their prices. Engineering company ABB and gardening equipment maker Husqvarna also reported strong demand despite both increasing prices.
Akzo Nobel rose after the Dutch paints giant posted first-quarter adjusted operating income ahead of analyst estimates and the company said it expects lower raw material costs in the second half. Chief Executive Officer Thierry Vanlancker speaks on "Bloomberg Markets: Europe." (Corrects spelling of company name.)
Dutch paints and coatings maker Akzo Nobel expects its four plants in Russia to be out of business within a few months due to economic sanctions and a shortage of raw materials, its chief executive told the Financial Times in an interview published on Monday. "We are pretty realistic that over a month, two month period this will come to a gradual, if not normal phasing out of the business," CEO Thierry Vanlancker said about Akzo's Russian operations. "It's either because the raw materials aren't available anymore, or it is because somewhere the main customer may not be able to pay."