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Akzo Nobel Reports Q4 Net Loss

Akzo Nobel NV (OTC: AKZOY) posted a net loss in the fourth quarter.

Akzo Nobel's quarterly revenue gained 6% to EUR3.79 billion, from EUR3.62 billion, in the year-ago quarter.

Akzo Nobel posted a quarterly net loss of EUR68 million, versus a year-ago net profit of EUR162 million. Akzo Nobel's EBITDA dropped to EUR301 million, from EUR377 million.

Akzo Nobel shares closed at $17.89 yesterday.

Posted-In: EarningsEarnings News

 

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