PPG Industries(PPG)
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PPG announces Secret Safari as 2026 Color of the Year
Businesswire· 2025-10-02 13:03
PITTSBURGH--(BUSINESS WIRE)--PPG announces Secret Safari as 2026 Color of the Year. ...
PPG to Showcase Coatings and Total EV System Solutions in Detroit
ZACKS· 2025-10-01 14:45
Key Takeaways PPG to display total EV system solutions at The Battery Show North America in Detroit.Exhibit features corrosion protection, thermal management and fire protection coatings.PPG highlights customizable debonding tech to aid battery recycling and safety solutions.PPG Industries, Inc. (PPG) recently announced it will highlight its total system solutions for electric vehicle (EV) battery packs at The Battery Show North America, scheduled from Oct. 6 to Oct. 9 in Detroit’s Huntington Place conventi ...
PPG Benefits From Cost Actions and Acquisitions, Weak Demand Ails
ZACKS· 2025-09-30 14:02
Core Insights - PPG Industries is navigating challenges from demand weakness, particularly in Europe, while benefiting from cost discipline, acquisitions, and pricing actions [1] Cost Management and Restructuring - PPG is implementing a cost-cutting and restructuring strategy, focusing on regions and end markets with weak business conditions, realizing an additional $20 million in structural cost savings in Q2 2025, and expecting around $60 million in restructuring savings for the full year 2025 [2][9] - A comprehensive cost reduction program is expected to deliver annualized pre-tax savings of approximately $175 million once fully implemented, primarily targeting structural costs in Europe and other global businesses [3][9] Acquisitions and Growth Strategy - The company is pursuing inorganic growth through value-creating acquisitions, with contributions from acquisitions like Tikkurila, Worwag, Cetelon, and Arsonsisi's powder coatings business expected to enhance its top line [4][9] Financial Performance and Shareholder Returns - PPG has a strong track record of returning cash to shareholders, having returned $1.4 billion in 2024 through dividends and share repurchases, including $620 million in dividends and $750 million in share buybacks [5] - The company raised its quarterly dividend by 4% in July 2025, reflecting robust financial performance with operating cash flow reaching around $1.4 billion in 2024 [5] Market Challenges - PPG faces challenges from soft global industrial production, impacting demand in the Industrial Coatings segment, with lower automotive OEM build rates and weak consumer confidence in Europe contributing to reduced volumes and sales [6][8] - Overall organic growth is expected to be limited due to these factors, with industrial coatings demand anticipated to remain under pressure in the third quarter [7][9] Earnings Guidance - PPG maintained its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05, supported by continued share gains and internal improvement initiatives while considering current global economic conditions [9]
PPG Industries’ Q3 2025 Earnings: What to Expect
Yahoo Finance· 2025-09-29 11:15
Core Insights - PPG Industries, Inc. has a market cap of $23.4 billion and operates in over 70 countries, focusing on paints, coatings, and specialty materials [1] - The company is expected to report an adjusted EPS of $2.10 for Q3 2025, reflecting a 1.4% decrease from the previous year [2] - Analysts forecast a slight decline in adjusted EPS for fiscal 2025 to $7.84, but anticipate a 7.9% increase to $8.46 in fiscal 2026 [3] Financial Performance - Over the past year, PPG's shares have decreased by 23%, underperforming the S&P 500 Index, which gained 15.6% [4] - The company has met or exceeded Wall Street's earnings estimates in two of the last four quarters, while missing in two [2] Product Development - PPG introduced the PPG HI-GARD® Non-Methanol hard coating for ophthalmic lenses, aimed at compliance with methanol regulations, but shares fell by 1% following the announcement [5] Analyst Ratings - The consensus rating for PPG Industries stock is "Moderate Buy," with 9 analysts recommending "Strong Buy" and 16 suggesting "Hold" [6] - The average analyst price target is $128.40, indicating a potential upside of 23.9% from the current price [6]
PPG入选“全球最佳企业”榜单
Zhong Guo Hua Gong Bao· 2025-09-23 02:51
Core Insights - PPG Industries has been recognized in Time magazine's "2025 World's Best Companies" list, which highlights 1,000 leading employers shaping the future [1] Summary by Categories Employee Satisfaction - The ranking is based on employee satisfaction as one of the three core dimensions evaluated [1] Revenue Growth - Revenue growth is another critical factor considered in the selection process for the list [1] Sustainability - Sustainability is the third dimension that plays a significant role in the evaluation of companies for this recognition [1] Company Statement - PPG's Vice President and Chief Communications Officer, Bryan Iams, emphasized the company's mission of "protecting and beautifying the world" through innovative coatings and specialty materials solutions, highlighting the commitment of its 43,000 global employees [1]
PPG Launches HI-GARD Non-Methanol Coating Complying With Regulations
ZACKS· 2025-09-18 16:11
Core Insights - PPG Industries has introduced the PPG HI-GARD Non-Methanol hard coating for 1.5 standard index ophthalmic lenses, providing a durable alternative to traditional methanol-based coatings [1][7] - The new formulation aligns with evolving regulations on methanol use, ensuring compliance and enhancing workplace safety by eliminating toxic elements [1][3] Product Features - The new coating includes a non-methanol replenishment solvent that optimizes viscosity during manufacturing and is compatible with existing hard coating systems, facilitating a seamless transition for lens manufacturers [2][7] - The product supports various lens applications with low color and tintable variants, allowing customers to reduce personal protective equipment requirements when working with methanol-based coatings [2] Company Strategy - PPG is leveraging over 70 years of expertise in the optical sector to focus on sustainability and compliance while driving innovation in its product offerings [3] - The company plans to expand its non-methanol coating portfolio to include differentiated products for additional refractive indices, reinforcing its leadership in sustainable optical technologies [3] Market Performance - PPG's shares have declined by 14.3% over the past year, contrasting with a 4.6% decline in the industry [4]
PPG Launches VELOCITY Refinish System Built for Durability
ZACKS· 2025-09-16 14:16
Key Takeaways PPG launched the VELOCITY refinish system with solventborne products for automotive repairs.The system features 70 toners, five clearcoats and ONEVISIT clearcoat for faster booth cycles.VELOCITY meets EPA VOC rules, offering durability, efficiency and precise color matching tools.PPG Industries, Inc. (PPG) recently announced the launch of its PPG VELOCITY refinish system, which involves a complete series of solventborne products that are specifically developed to achieve durable performance an ...
PPG launches PPG HI-GARD Non-Methanol hard coating for ophthalmic lenses
Businesswire· 2025-09-16 14:02
Core Viewpoint - PPG has launched a new non-methanol hard coating for ophthalmic lenses, addressing regulatory changes while ensuring durability performance [1] Company Summary - PPG introduced the PPG HI-GARD® Non-Methanol hard coating specifically for 1.5 standard index ophthalmic lenses [1] - The new formulation serves as a drop-in replacement for traditional methanol-based coatings, allowing prescription lens manufacturers to comply with evolving regulations [1] - The PPG Hi-Gard Non-Methanol coating provides the same level of scratch-resistant protection for plastic lens materials as its predecessors [1]
PPG Industries Stock: Is PPG Underperforming the Basic Materials Sector?
Yahoo Finance· 2025-09-15 12:49
Company Overview - PPG Industries, Inc. has a market capitalization of approximately $25 billion and is a global leader in paints, coatings, and specialty materials, serving various industries including automotive, aerospace, packaging, industrial equipment, and construction [1] - The company operates through three main segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings, providing innovative products across more than 70 countries [2] Stock Performance - PPG stock has decreased by 19.3% from its 52-week high of $137.24 and has fallen 1.2% over the past three months, underperforming the Materials Select Sector SPDR Fund (XLB), which rose by 3.7% in the same period [3] - Year-to-date, PPG stock is down 7.3%, while XLB has gained nearly 9%, and over the past 52 weeks, PPG shares have declined by 11.8%, contrasting with XLB's marginal drop [4] Financial Performance - On July 29, PPG Industries reported revenue of $4.2 billion, exceeding expectations, but shares fell by 5.3% the following day due to a profit decline to $450 million [5] - The adjusted EPS of $2.22 matched estimates but decreased from $2.35 in the prior-year quarter, with segment weaknesses noted, including a 5% sales drop in Global Architectural Coatings and a 5% decline in Industrial Coatings [5] Competitive Landscape - Rival Sherwin-Williams Company has outperformed PPG, with its shares rising by 5.9% year-to-date and dropping 3.7% over the past 52 weeks [6] - Despite PPG's underperformance, analysts maintain a moderately optimistic outlook, with a consensus rating of "Moderate Buy" and a mean price target of $128.50, representing a 16.1% premium to current levels [6]
“PPG大师”杯职业技能竞赛落幕
Zhong Guo Hua Gong Bao· 2025-09-12 03:01
中化新网讯 9月5日,由PPG独家冠名赞助的第十六届全国石油和化工行业职业技能竞赛暨2025年第五 届"PPG大师"杯全国艺术涂料涂装工职业技能竞赛决赛圆满落幕。经过全国预赛海选,众多优秀的选手 晋级决赛。最终8位选手分别获得了"PPG大师"杯竞赛的金银铜奖及石化行业能手称号。 PPG亚太区总裁聂笑冰表示:"我们深知技能人才是推动产业升级和新质生产力的重要基石,我们很自 豪能够通过赛事支持新生代工匠的成长,推动行业人才梯队建设。未来,PPG将继续携手政府、协会和 教育机构,通过赛事、培训和合作,让工匠精神在青年一代中不断传承与升华。" 本次赛事是PPG连续第二年赞助这一全国性技能大赛,进一步彰显其在推动行业人才专业技能培养方面 的长期承诺。作为一家全球领先的涂料供应商,PPG在全球范围内积极投入到职业教育和技能人才的培 育中。在中国,PPG通过设立高校奖学金、资助就业指导课程以及赞助行业技能赛事等多个维度,持续 加大在人才支持和培养领域的投入。 ...