Dulux maker AkzoNobel beats Q1 profit estimates

Akzo Nobel NV

22/04/2026 06:12

April 22 (Reuters) - Dulux paint maker AkzoNobel AKZO.AS reported a 3% drop in its first-quarter core profit on Wednesday, above market expectations, carried by better pricing and cost savings.

The Dutch paints and coatings maker posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 345 million euros ($405 million) for the quarter, down from 357 million euros a year ago but above analysts' consensus of 323 million euros provided by the company.

($1 = 0.8517 euros)

(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak)

((Dimitri.Rhodes@thomsonreuters.com ))