Cans of Dulux paint, an AkzoNobel brand, are seen on the shelf of a DIY retail store in Manchester, Britain, June 14, 2024. REUTERS
Feb 3 (Reuters) – Dulux paint maker AkzoNobel on Tuesday slightly trimmed its forecast for 2026 core earnings, based on the end-2025 currency exchange rates, against market expectations that stood above the earlier target.
The Dutch paints and coatings maker expects adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of at least 1.47 billion euros ($1.74 billion) this year, compared with 1.44 billion euros in 2025. The previous guidance was for earnings of around 1.48 billion euros.
Analysts in a company-provided consensus had estimated yearly adjusted EBITDA of 1.45 billion for 2025 and 1.53 billion for 2026.
($1 = 0.8469 euros)
Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak
