Refinish sales up 8.5% on strong recovery in China compared to last year and demand recovery as vaccines rollout.
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,063.6 million for the first quarter ended March 31, up 8.1% year-over-year, including a 3.2% foreign currency benefit, driven by 4.6% higher volumes and 0.3% higher average price and product mix. Volume growth across all end-markets was driven by ongoing recovery from pandemic-related macroeconomic impacts. Price and product mix increased a modest 0.3% year-over-year, including positive pricing with slightly negative product mix effects largely from geographic and end-business mix differences.
Performance Coatings
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