Workflow
PPG Industries(PPG) - 2024 Q2 - Quarterly Results
PPGPPG Industries(PPG)2024-07-18 20:21

PPG reports second quarter 2024 financial results • Record reported earnings per diluted share (EPS) of 2.24andadjustedEPSof2.24 and adjusted EPS of 2.50 • Net sales of 4.8billion;organicsalesflatversusprioryearSegmentmarginsimproved110basispointsyearoveryear,markingsevenconsecutivequartersofmarginexpansionSharerepurchasesofapproximately4.8 billion; organic sales flat versus prior year • Segment margins improved 110 basis points year over year, marking seven consecutive quarters of margin expansion • Share repurchases of approximately 150 million in the quarter; $300 million year to date Chairman and CEO Comments Overall European year-over-year sales volume comparisons improved sequentiall ...