Dulux maker AkzoNobel Q2 core profit rises, but misses expectations
July 23 (Reuters) -AkzoNobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, boosted by volume growth and higher prices, but it fell short of analysts' expectations.
The Dutch paints and coatings maker posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 400 million euros ($435.60 million), up from 397 million euros a year ago, but missing the 414 million euros expected by analysts in a company-provided consensus.
($1 = 0.9183 euros)
Reporting by Stéphanie Hamel and Charlotte Bawol; Editing by Himani Sarkar
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