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You are here: Home / News / Axalta Releases First Quarter 2017 Earnings

Axalta Releases First Quarter 2017 Earnings

April 26, 2017 By CollisionWeek Editor

Refinish sales up 5.7 percent excluding foreign currency translation.

Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the first quarter ended March 31.

Axalta logoFirst quarter net sales of $1.0078 billion were driven by volume growth of 8.9 percent, offset partly by 1.2 percent lower average selling prices and by a 2.2 percent negative foreign currency translation impact. On a constant currency basis net sales increased 7.7 percent compared to the year-ago quarter, driven by volume growth. Acquisitions added 4.5 percent of the volume growth in the quarter. Net sales growth in the first quarter was positive in all

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Filed Under: News Tagged With: Axalta Coating Systems, Earnings

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