PPG Industries (PPG) Reports Q2, Raises FY Guidance

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PPG reports record second quarter financial results; raises full-year guidance

July 20, 2023 4:05 PM EDT

Record quarterly net sales of $4.9 billion Organic sales growth of 4% year over year (YOY), led by higher selling prices Record quarterly earnings per diluted share (EPS) of $2.06 and adjusted EPS of $2.25 Significant progress on margin recovery; segment margins up 330 basis points YOY Strong year-to-date operating cash flow of about $620 million; up about $750 million YOY

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported financial results for the second quarter 2023.

Second Quarter Consolidated Results

$ in millions, except... More