AkzoNobel shares rise as Q1 earnings beat expectations

Akzo Nobel NV

22/04/2026 08:34

** Shares in AkzoNobel AKZO.AS rise 4.6% after the Dutch paint maker reported a Q1 core profit beat and maintained its FY 2026 outlook

** Group posted adjusted EBITDA of 345 million euros, above the 323 million euros expected on average by analysts

** "We expect the guide to be well taken by the market today," J.P. Morgan says, adding the earnings beat stems from slightly better organic sales, lower currency headwinds and stronger net pricing

** The broker says the company maintains its outlook despite a substantial increase in raw material costs driven by the ongoing Middle East conflict

** Investors expect a short-term margin squeeze, meaning the market welcomes the firm's strong pricing power to offset inflation, JPM adds

** Up to the previous session's close, AkzoNobel shares were down 11.8%​ YTD - LSEG data

 (Reporting by Dimitri Rhodes in Gdansk)

 ((dimitri.rhodes@thomsonreuters.com))