Axalta Coating Systems (AXTA) Tops Q2 EPS by 2c; Guides Q3 EPS Below Views

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Go back to Axalta Coating Systems (AXTA) Tops Q2 EPS by 2c; Guides Q3 EPS Below Views

Axalta Releases Second Quarter 2022 Results

July 26, 2022 4:20 PM EDT

Record pricing and strong volume growth drove a solid quarterly performance above mid-point of expectations

GLEN MILLS, Pa., July 26, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (Axalta), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Highlights:

Net sales increased 9.6% year-over-year (14.5% ex FX) led by record pricing and solid volume growth; Mobility Coatings delivered significant above-market sales performanceRealized record 10.0% price-mix growth with double-digit year-over-year gains... More