PPG Industries (PPG) Tops Q1 EPS by 3c

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Go back to PPG Industries (PPG) Tops Q1 EPS by 3c

PPG Reports Record First Quarter Sales and Earnings Per Share

April 16, 2015 8:11 AM EDT

Net sales up 8 percent in local currencies versus prior year Net sales increased 1 percent versus prior year including unfavorable foreign currency translation Adjusted earnings per diluted share from continuing operations of $2.37, up 20 percent year-over-year including unfavorable currency translation impacts Share repurchases totaled $200 million in the quarter Cash and short-term investments totaled approximately $1.2 billion at quarter-end Company announced second quarter restructuring charge to be focused on achievement of acquisition-related synergies and additional global productivity initiatives... More