Moneycontrol PRO
HomeNewsBusinessCompaniesConfident of growing revenues over 10% CAGR/year: AkzoNobel

Confident of growing revenues over 10% CAGR/year: AkzoNobel

AkzoNobel the Dutch paints company that makes Dulux brand of premium home paints is slowly expanding focus on mass product segments to compete with giants like Asian Paints. However, the global CEO of the company, Thierry Vanlancker, says the company will not go wild with expansion.

February 16, 2018 / 15:39 IST

AkzoNobel the Dutch paints company that makes Dulux brand of premium home paints is slowly expanding focus on mass product segments to compete with giants like Asian Paints. However, the global CEO of the company, Thierry Vanlancker, says the company will not go wild with expansion.

The local team will be disappointed if it didn’t grow at a 10 percent a year as such and also bringing the profitability along, he said.

For full interview, watch accompanying video...

CNBC-TV18
first published: Feb 16, 2018 03:29 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347