AMSTERDAM, Feb 12 (Reuters) - Akzo Nobel AKZO.AS, the Dutch maker of paints and industrial coatings which owns the Flexa and Dulux brands, reported fourth quarter earnings on Wednesday that were lower than expected, as sales dipped amid weak demand from carmakers.
Earnings before interest, taxes, depreciation and amortization of goodwill (EBITDA) stood at 312 million euros ($340 million) for the three months ended Dec. 31, compared to 240 million euros in the corresponding period a year ago. Sales fell 3% to 2.24 billion euros.
Analysts polled by Refinitiv had on average forecast EBITDA of 324 million euros on sales of 2.34 billion euros.
(Reporting by Toby Sterling; Editing by Clarence Fernandez)
((email@example.com; +31 20 504 5002;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.