Axalta Releases Third Quarter 2024 Results

PHILADELPHIA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) ("Axalta"), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Record third quarter net sales of $1.32 billion Net income increased 40% year over year to $102 million; net income margin of 7.7% Record third quarter Adjusted EBITDA of $291 million Adjusted EBITDA margin improved 220 basis points year over year to 22.1% Diluted E ...