Investing.com - Akzo Nobel (OTC:AKZOY) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Akzo Nobel announced earnings per share of €0.86 on revenue of €2.53B. Analysts polled by Investing.com anticipated EPS of €0.7997 on revenue of €2.52B.
Akzo Nobel shares are down 13% from the beginning of the year, still down 22.66% from its 52 week high of €108.45 set on July 15, 2021. They are under-performing the AEX which is down 8.63% from the start of the year.
Akzo Nobel shares lost 100.00% in pre-market trade following the report.
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