Refinish up “mid-single digit” percentage.
PPG (NYSE:PPG) today reported second quarter 2018 net sales of about $4.1 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 6 percent year-over-year aided by higher selling prices of more than 2 percent, sales volume growth of more than 3 percent and acquisition-related sales, net of divestitures, of nearly 1 percent. Favorable foreign currency translation improved net sales by more than 2 percent, or about $93 million.
Automotive refinish coatings organic sales increased year-over-year by a mid-single-digit percentage driven by above-market performance in the U.S. and Canada
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