Axalta Coating Systems Ltd. (NYSE:AXTA) reported its refinish end-market net sales increased 11.5 percent to $440.7 million in the third quarter of 2018 that ended September 30 and increased 13.9 percent excluding foreign currency with significantly positive pricing coupled with mid-single digit volume growth.
Axalta’s overall third quarter net sales of $1,139.3 million increased 4.4 percent year-over-year after a 2.5 percent negative foreign currency impact. Constant currency net sales increased 6.9 percent in the period, driven by volume growth of 4.0 percent including 0.4 percent acquisition contribution and 2.9 percent higher average selling prices. Third quarter net sales growth was
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