Akzo Nobel Q4 Profit Jumps Despite Revenue Decline; Forecasts FY26 EBITDA Growth

Akzo Nobel reported a sharp rise in fourth-quarter net income despite lower revenues, and projected adjusted EBITDA growth for full-year 2026. The Dutch paints and coatings company posted Q4 net income of €389 million, up from €178 million a year earlier, while sales fell 5% year-over-year to €2.6 billion. The company attributed the profit surge to cost savings and portfolio optimization. Akzo Nobel reaffirmed its target for mid-single-digit percentage growth in adjusted EBITDA for fiscal year 2026, driven by pricing discipline and operational efficiencies. CEO Gregorio Lucente emphasized ongoing restructuring efforts and strategic divestments as key levers for future profitability.