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You are here: Home / News / PPG Reports Sales Up Nearly 8% in Fourth Quarter of 2017

PPG Reports Sales Up Nearly 8% in Fourth Quarter of 2017

January 22, 2018 By CollisionWeek Editor

Automotive refinish coatings organic sales improved by a mid-single-digit percentage.

PPG (NYSE:PPG) reported fourth quarter 2017 net sales of approximately $3.7 billion, up nearly 8 percent versus the prior year. Sales volumes increased by 3 percent year-over-year and selling prices improved sequentially for the third consecutive quarter, adding less than 1 percent to sales growth. Favorable foreign currency translation improved net sales by more than 3 percent, or about $115 million, and acquisitions-related sales, net of divestitures, added less than 1 percent to sales growth.

PPG logoFourth quarter 2017 reported net income from continuing operations was $184 million, or 72 cents

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Filed Under: News Tagged With: Earnings, PPG Industries, Refinish

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