By Maarten van Tartwijk

AMSTERDAM--Dutch paint and chemicals maker Akzo Nobel NV (AKZA.AE) Thursday said net profit jumped 39% in the third quarter, helped by restructuring efforts and favorable currency developments.

The company, one of the world's biggest paint makers, said net profit was 285 million euros ($323.2 million), up from EUR205 million a year earlier. Its revenue rose 2% to EUR3.8 billion, up from EUR3.7 billion a year earlier. Its operating income rose 30% to EUR436 million.

Akzo Nobel said market conditions remain challenging due to weakness in Europe, as well as Russia, Brazil and China.

The company said it remains on track to meet its financial targets for 2015, although the positive impact of currency developments will slow in the fourth quarter.

Write to Maarten van Tartwijk at Maarten.VanTartwijk@wsj.com

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(END) Dow Jones Newswires

October 22, 2015 01:46 ET (05:46 GMT)

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