Akzo Nobel Reports Q4 Net Loss

Akzo Nobel NV

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.