PPG Navigates Moderating Industrial Demand but Input Cost …

Oct 17, 2024 · The firm’s industrial coatings business suffered more than architectural during the covid-19 pandemic, leading to a sharper rebound in demand in 2021 and 2022. PPG’s …

CouponFollow Extension

6%
OFF

PPG Earnings: Lackluster Industrial Demand Offset By Performance ...

3 weeks from now

Oct 17, 2024 · The industrial coatings business reported underwhelming third-quarter results. Net sales fell over 6% year over year, while the segment’s operating margin contracted 200 basis …

morningstar.com

19%
OFF

PPG Reports Fourth Quarter And Full-Year 2023 Financial Results

3 weeks from now

Jan 25, 2024 · PPG reported financial results for the fourth quarter 2023. ... Segment income increased by 19% versus the prior year primarily due to higher selling prices and moderating …

pcimag.com

5%
OFF

PPG Earnings: Moderating Input Costs Drive Margin ... - Morningstar

3 weeks from now

Jan 19, 2024 · PPG’s performance segment finished the year on a high note, with net sales increasing 5% year over year and reporting a 150-basis-point increase in operating margins to …

morningstar.com

$7.75
OFF

PPG Industries Targets $7.75-$8.05 Adjusted EPS In 2025 Amid …

3 weeks from now

18 hours ago · The Industrial Coatings segment experienced lower year-over-year sales volumes due to weak global industrial production and automotive OEM demand. Segment EBITDA …

seekingalpha.com

FAQs about PPG Navigates Moderating Industrial Demand but Input Cost … Coupon?

Why is PPG Industries raising selling prices?

PPG Industries is also raising selling prices across its business segmentsto offset the impact of cost inflation in raw materials, energy and logistics. The company witnessed a significant increase in its profits in the first quarter driven by pricing growth across segments, improved manufacturing efficiencies and overall cost discipline. ...

Why has PPG Industries restructured?

PPG Industries has undertaken extensive restructuring effortsto reduce its cost structure, primarily focusing on regions and end markets with weak business conditions. PPG Industries is also raising selling prices across its business segments to offset the impact of cost inflation in raw materials, energy and logistics. ...

How did ppg perform in the third quarter?

Net sales at PPG's performance coatings segment rose to $2.92 billion in the third quarter, compared with $2.88 billion a year earlier. Meanwhile, sales at its industrial coatings segment fell 6% to $1.65 billion from the same quarter a year ago. ...

Why is ppg gaining?

PPG Industries Inc. PPG is gaining fromcost savings from restructuring actions, synergies of acquisitions and pricing initiatives to counter cost inflation amid headwinds from softer demand, which is hurting its volumes. ...

What will ppg expect in the second quarter?

Factoring in current global economic activities, geopolitical issues in Europe and higher interest rates in most developed countries, PPG expects sales volumes in the second quarter to beflat with the potential for slight improvement or decrease of a low single-digit percentage year over year. Softer industrial demand is likely to hurt volumes. ...

What is the average operating margin for PPG?

True competition, I believe, can only come from incumbent competitors, yet this too remains unlikely to become intense, other than during a slump in demand when there is excess capacity. Average operating margins have been around 11%-12% over the past five years for the top four industry leaders, including PPG. (See my table later on). ...