Europe’s materials industry was the continent’s largest underperformer this earnings seasons, a trend that will likely continue due to weak demand in China and the threat of U.S. tariffs, Chloe Meley of Bloomberg reports. The sector includes companies like Akzo Nobel (AKZOY), Yara International (YARIY), Heidelberg Materials AG, and Symrise AG.
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Read More on AKZOY:
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- AkzoNobel confirms offer to acquire Powder Coatings operations from subsidiary
- AkzoNobel price target lowered to EUR 74 from EUR 75 at Deutsche Bank
- AkzoNobel downgraded to Hold from Buy at Jefferies
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