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Letter to the Editor
Thursday January 11
Akzo Nobel 2000 Sales at 14 Billion Euros
AMSTERDAM -- Dutch chemical group Akzo Nobel NV says that consolidated sales last year totalled about 14 billion euros and repeated that profits rose by more than 20 percent.
Chief Executive Cees van Lede told employees in a New Year's address that this year Akzo aimed to beat the record year of 2000, a statement said.
Excluding acquisitions, the company could generate more than 50 percent of operating income from its high-growth Pharma division by 2004, he added.
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