by Lindsey Thompson | Oct 23, 2023 | Industry News
During the third quarter of 2023, PPG posted record third-quarter net sales of $4.6 billion. During Q3 2023, net sales were up 4% year over year. Net income in Q3 2023 hit $426 million, up 29% from Q3 2022, when net income was $329 million. “I am proud of the...
by Olivia Shroyer | Jul 25, 2023 | Industry News
PPG reported financial results for the second quarter of 2023. The company saw record quarterly net sales of $4.9 billion and organic sales growth of 4% over last year, led by higher selling prices. PPG also saw record quarterly earnings per diluted share (EPS) of...
by Lindsey Thompson | Apr 21, 2023 | Industry News
PPG reported first quarter financial results for 2023. They had record net sales of about $4.4 billion and organic sales grew more than 5% over 2022. The reported earnings per diluted share (EPS) was $1.11 and the adjusted EPS was $1.82. They had an accelerated margin...
by Olivia Shroyer | Jan 23, 2023 | Industry News
PPG reported financial results for the fourth quarter of 2022 and the full-year 2022. Net sales were down slightly from Q4 2021, posted at $4,185,000 for Q4 2022. Net income was also down 11% from $267,000,000 in 2021 to $238,000,000 in 2022. Adjusted net income...
by Lindsey Thompson | Oct 24, 2022 | Industry News
PPG announced that Tim Knavish, chief operating officer, has been named president and chief executive officer effective Jan. 1, 2023. Knavish will join the company’s Board of Directors, effective Oct. 20, 2022. Knavish, who has served as PPG’s chief operating officer...
