Debt ManagementAxalta currently boasts its healthiest balance sheet since becoming a public company, with capital being deployed on a balanced basis towards M&A, share buybacks, and organic capital projects.
EarningsAXTA raised full-year guidance with the 3Q guide in line with expectations which should be a positive for the stock.
Financial PerformanceAxalta reported Q2 EBITDA of $291MM, up 28% YoY, and 6% above consensus.