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Akzo Nobel misses second-quarter core earnings, sales forecasts

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Akzo Nobel misses second-quarter core earnings, sales forecasts

Akzo Nobel misses second-quarter core earnings, sales forecasts
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AMSTERDAM (Reuters) - Akzo Nobel <AKZO.AS>, the Dutch paints and coatings maker, on Wednesday said its operating income fell 23 percent to 225 million euros as sales slid 3 percent in the second quarter, missing market forecasts.

Analysts polled for Reuters had expected adjusted operating income to drop 15 percent to 249 million euros. Sales had been seen slipping roughly 2 percent to 2.48 billion euros.

(Reporting by Anthony Deutsch; Editing by Sunil Nair)

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