Refinish net sales up 4.9 percent excluding the impact of foreign currency translation.
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the third quarter ended September 30, 2016.
The company reported net sales of $1.0234 billion for the third quarter of 2016 benefitting from volume and pricing growth that was offset in part by a 2.1 percent negative impact from foreign currency translation. Constant currency net sales increased 4.4 percent compared to the year-ago quarter, driven by 1.9 percent higher average selling prices. Acquisitions contributed 2.6 percentage points of growth in the quarter. The strongest regional contributors to
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.