Investing.com - Akzo Nobel (OTC:AKZOY) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Akzo Nobel announced earnings per share of €0.8 on revenue of €1.99B. Analysts polled by Investing.com anticipated EPS of €0.4 on revenue of €1.98B.
Akzo Nobel shares are down 8% from the beginning of the year , still down 9.79% from its 52 week high of €92.12 set on December 24, 2019. They are under-performing the AEX which is down 5.13% from the start of the year.
Akzo Nobel shares lost 1.56% in intra-day trade following the report.
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