PPG Industries (PPG) Reports In-Line Q4 EPS
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PPG Reports Fourth Quarter and Full-Year Results
January 21, 2016 6:51 AM ESTFourth quarter net sales increased 7 percent in local currencies Quarterly sales volumes up nearly 2 percent, led by gains in Europe and Asia Record fourth quarter adjusted earnings per diluted share of $1.23, up 17 percent year-over-year despite unfavorable impact from foreign currency translation Full-year cash deployment of $1.15 billion including business acquisitions of over $400 million and share repurchases of $750 million Full-year net sales of $15.3 billion; sales up more than 7 percent year-over-year in local currencies Record full-year adjusted earnings per diluted share from continuing operations of $5.69,... More
