Axalta Coating Systems (AXTA) Misses Q2 EPS by 8c

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Go back to Axalta Coating Systems (AXTA) Misses Q2 EPS by 8c

Axalta Releases Second Quarter 2017 Results

August 3, 2017 6:45 AM EDT

Second Quarter 2017 Highlights:

Net sales of $1.1 billion, up 2.3% as-reported and 3.8% on a constant currency basis Net loss and Adjusted EBITDA impacted by weaker average pricing and mix, partly offset by acquisition contribution Second half focus includes increased pricing to offset raw material inflation and enhanced productivity actions Closed three acquisitions expected to add over five percent to consolidated annualized net sales

PHILADELPHIA--(BUSINESS WIRE)-- Axalta Coating Systems Ltd. (NYSE: AXTA) (Axalta), a leading global coatings company, announced its... More