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You are here: Home / News / PPG Reports Higher Sales in Q4

PPG Reports Higher Sales in Q4

January 22, 2016 By CollisionWeek Editor

PPG Industries yesterday reported fourth quarter 2015 net sales from continuing operations of $3.7 billion, consistent with the prior year. Net sales in local currencies grew 7 percent year-over-year, with acquisition-related sales adding 5 percent and sales volume growth contributing nearly 2 percent. Unfavorable foreign currency translation impacted net sales by 7 percent, or about $250 million.

PPG logoFourth quarter 2015 reported net income from continuing operations was $314 million, or $1.16 per diluted share. Fourth quarter 2015 adjusted net income from continuing operations was $332 million, or $1.23 per diluted share. Adjusted net income excludes an after-tax charge for transaction-related

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Filed Under: News Tagged With: Earnings, PPG, PPG Industries

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