Axalta Releases Fourth Quarter and Full Year 2024 Results

PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights Record fourth quarter net sales of $1.3 billionNet income increased 85% year over year to $137 million, with net income margins of 10.5%, a year over year improvement of 480 basis pointsRecord fourth quarter Adjusted EBITDA of $275 millionAdjusted EBIT ...