Overall sales up nearly 9 percent versus prior year. Refinish up “mid-single-digit percentage” versus 2016.
PPG (NYSE:PPG) reported first quarter 2018 net sales of about $3.8 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 3 percent year-over-year aided by higher selling prices of almost 2 percent. Selling prices increased by 100 basis points sequentially versus the fourth quarter. Sales volumes grew less than one percent year-over-year. Favorable foreign currency translation improved net sales by nearly 6 percent, or about $205 million. Acquisition-related sales, net of divestitures, added less than 1 percent to
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