Market Overview

Akzo Nobel Posts Q3 Net Loss

Share:
Related AKZOY
Credit Suisse Adds 10 Names To European 'Top Picks'
Akzo Nobel Posts Rise In Q3 Profit
Dow Chemical, ICS-CAAS Team Up for China Rice Development (Zacks)

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

Akzo Nobel posted a quarterly net loss of 2.36 billion euros ($3.1 billion), versus a year-ago net profit of EUR148 million.

Its revenue rose 6% to EUR4.28 billion, while volumes fell 3%. Akzo Nobel's earnings before exceptional items and depreciation climbed 7% to EUR540 million.

Akzo Nobel shares closed at $19.39 yesterday.

Posted-In: lossEarnings News

 

Related Articles (AKZOY)

Get Benzinga's Newsletters