The Dutch paintmaker plans to pass on price rises to customers while it deals with increased costs early in 2018.
Dutch paint manufacturer AkzoNobel expects there to be continued pressure on margins because of the high cost of raw materials in 2018, and plans to pass on the price increases to its customers.
“We continue to implement various measures to mitigate current market challenges, including increased selling prices and cost discipline,” AkzoNobel chief executive Thierry Vanlancker said.
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