For the year, net sales were $4.35 billion, up 7.0 percent versus 2016, largely driven by acquisition contribution. Refinish up 4.7 percent in Q4 benefiting from currency translation.
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31.
Axalta reported net sales of $1,164.8 million for the fourth quarter of 2017 increased 13.4 percent, including 3.5 percent favorable foreign currency translation contribution. Constant currency net sales increased 9.9 percent in the period, driven by 8.6 percent in acquisition contribution, coupled with 0.7 percent volume growth and 0.6 percent higher average selling
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