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AkzoNobel

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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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Akzo Nobel dips on Q2 miss and narrowed guidance

BUZZ-Akzo Nobel dips on Q2 miss and narrowed guidance ** Shares in Akzo Nobel AKZO.AS are down 4.1% as the Dulux paint maker posted Q2 results short off expectations and sees its FY2024 guidance at the lower-end of the announced range ** Akzo registered an Q2 EBITDA of 400 million euros ($435.04 million), well below the 414 million expected by anal
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Akzo Nobel's Q2 core profit misses expectations, sending shares lower

UPDATE 4-Akzo Nobel's Q2 core profit misses expectations, sending shares lower Q2 EBITDA 400 mln eur vs 414 mln eur consensus Narrows 2024 core profit guidance Plant closures on track , more to be announced Shares down 3% Updates lead with share move, adds CFO raw material comments By Stephanie Hamel and Charlotte Eugenie Yvette Bawol July 23 (Reuters) - Dulux paints maker Akzo Nobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, falling short of analysts' expectations due
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Dulux maker AkzoNobel Q2 core profit rises, but misses expectations

Dulux maker AkzoNobel Q2 core profit rises, but misses expectations July 23 (Reuters) - AkzoNobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, boosted by volume growth and higher prices, but it fell short of analysts' expectations. The Dutch paints and coatings maker posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 400 million euros ($435.60 million), up from 397 million euros a year ago, but missing the 414 million euros expected
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India's Asian Paints misses Q1 earnings estimates on weak demand, discounts

India's Asian Paints misses Q1 earnings estimates on weak demand, discounts BENGALURU, July 17 (Reuters) - India's Asian Paints ASPN.NS reported first-quarter earnings below estimates on Wednesday, hurt by weak demand and price cuts taken to stave off tight competition. The paintmaker's consolidated net profit fell 24.5% to 11.70 billion rupees ($140.1 million) for the quarter ended June 30, its biggest slide in three years.
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