Ppg Industries, Inc. ( (PPG) ) has released its Q1 earnings. Here is a breakdown of the information Ppg Industries, Inc. presented to its investors.
PPG Industries, Inc., a global supplier of paints, coatings, and specialty materials, operates in the industrial and transportation sectors with a focus on innovation and customer collaboration. In its first quarter of 2025, PPG reported net sales of $3.7 billion, a 4% decline from the previous year, primarily due to unfavorable foreign currency translation and business divestitures. Despite these challenges, the company achieved a 1% increase in organic sales, driven by higher sales volumes. Key financial metrics included a reported earnings per diluted share (EPS) of $1.64 and an adjusted EPS of $1.72. The Performance Coatings segment stood out with a 9% organic sales growth, supported by strong demand in aerospace coatings and traffic solutions. Meanwhile, the Global Architectural Coatings and Industrial Coatings segments faced declines in net sales due to currency impacts and divestitures. Looking ahead, PPG remains optimistic, maintaining its full-year EPS guidance of $7.75 to $8.05, with plans to continue executing cost management strategies and leveraging its diverse business portfolio to navigate the dynamic economic environment.