Axalta Coating Systems (AXTA) Tops Q1 EPS by 5c

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Axalta Releases First Quarter 2022 Results

April 25, 2022 4:15 PM EDT

Robust Double-Digit Sales Growth Led by Accelerating Pricing Gains; Achieved Adjusted EBIT at the Top-End of Guidance Range

GLEN MILLS, Pa., April 25, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (Axalta), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights:

Net sales increased 10.4% year-over-year (13.4% ex FX) led by accelerating pricing gains in every end-market and a solid global demand profile, except in Light Vehicle due to continued... More