PPG Industries(US:PPG)2025-04-30 00:57Financial Highlights - First quarter net sales reached $3.7 billion, a 1% increase organically[5] - Adjusted EPS was $1.72[5] - Segment EBITDA margin stood at 19.4%[5] - Approximately $400 million was allocated for share repurchases[6] Segment Performance - Global Architectural Coatings net sales decreased to $857 million[14] - Performance Coatings net sales increased to $1.265 billion[19] - Industrial Coatings net sales decreased to $1.562 billion[24] Projections and Outlook - Second quarter organic sales are projected to be flat to a low-single-digit increase[35] - The company anticipates low-single-digit inflation in raw material and enacted tariff costs for the second quarter[35] - Full-year EPS guidance remains unchanged at $7.85 - $8.05[32] Balance Sheet and Cash Flow - Net debt as of March 31, 2025, was $5.4 billion[30] - Cash balance as of March 31, 2025, was $1.9 billion[30] - $550 million was deployed to shareholders through dividends and share repurchases in the first quarter[30]