0754 GMT - AkzoNobel posted earnings for the first quarter that surpassed expectations, Jefferies analysts write in a note. The Dutch paints company reported adjusted Ebitda of 357 million euros, surpassing Jefferies forecast and consensus expectations by 5% and 3%, respectively. "We expect share price support on the earnings beat," the analysts say. The group confirmed its guidance for the current year of adjusted Ebitda above 1.55 billion euros. AkzoNobel also flagged a manageable tariff impact, noting limited trade flows between the U.S. and China, they say. Shares are up 7.2% at 55.44 euros. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

April 23, 2025 03:55 ET (07:55 GMT)

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