Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,158.1 million for the fourth quarter of 2018 ended December 31, 2018, a decrease of 0.6 percent, including 3.3 percent negative foreign currency translation impact. Constant currency net sales increased 2.7 percent in the period, driven by 4.4 percent higher average selling prices, offset partly by a 1.7 percent volume decrease inclusive of 0.4 percent acquisition contribution. For the full year, net sales were $4,669.7 million, up 7.3 percent and 6.7 percent on a constant currency basis.
Organic net sales were driven by growth in Performance Coatings with relatively equal contribution
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