PPG Industries (PPG) Tops Q4 EPS by 2c, Revenues Beat

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Go back to PPG Industries (PPG) Tops Q4 EPS by 2c, Revenues Beat

PPG Reports Fourth Quarter and Full-Year 2020 Financial Results

January 21, 2021 4:16 PM EST

Fourth quarter net sales of approximately $3.8 billion, more than 2% higher than the prior year, despite continued negative impacts of the COVID-19 pandemic Reported earnings per diluted share (EPS) of $1.14 and adjusted EPS of $1.59 Strong operating margin momentum led by higher year-over-year sales volumes in the Industrial Coatings reportable segment and continued strong cost management Completed Ennis-Flint acquisition and recently announced additional acquisition agreements Record full-year operating cash flow of about $2.1 billion, despite lower full-year sales

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported... More