Investing.com - Akzo Nobel reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Akzo Nobel announced earnings per share of €0.74 on revenue of €2.4B. Analysts polled by Investing.com anticipated EPS of €0.5766 on revenue of €2.43B.
Akzo Nobel shares are up 13% from the beginning of the year and are trading at €92.12 , down-from-52-week-high.They are outperforming the AEX which is down 3.6% from the start of the year.
Akzo Nobel shares gained 3.90% in intra-day trade following the report.
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