Axalta Coating Systems (AXTA) PT Raised to $44 at RBC Capital
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Axalta Releases Second Quarter 2024 Results
August 1, 2024 6:00 AM EDTPHILADELPHIA, Aug. 01, 2024 (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, 2024.
Second Quarter 2024 Highlights:
Net sales increased 4.4% year over year to $1.35 billionNet income increased $52Â million year over year to $113 millionAdjusted EBITDA increased $64Â million year over year to $291 million with Adjusted EBITDA margin improving 400 basis points year over year to 21.5%Diluted EPS increased 89% year over year to $0.51 and Adjusted... More