“We continued to deliver strong financial results, including 20 percent adjusted earnings-per-share growth. Contributing to our record performance were the benefits from our recent strategic actions and cash deployment. These included incremental acquisition-related earnings along with a 2 percent reduction in our share count as compared to the prior year.
Both of our coatings segments delivered all-time-record first quarter earnings, and the glass segment delivered its highest first quarter earnings in more than 10 years. Our ongoing cost and productivity initiatives, continued PPG volume growth in certain end-use markets and an accelerating company growth rate in emerging regions aided our segment results. “
Charles E. Bunch, Chairman and CEO, PPG Industries
Webcast Q2 2015 PPG Industries Earnings Conference Call (Live) 07/16/15 at 2:00 p.m. ET
Q2 2015 PPG Industries Earnings Conference Call Thursday, July 16, 2015 2:00 p.m. ET
On April 16, 2015, PPG’s Board of Directors approved a two-for-one split of the Company’s common stock payable on June 12, 2015. This means that for every share of the Company’s common stock you own on June 12, 2015, you will receive one additional share. Shares of the Company’s common stock will begin trading on June 15, 2015 at half of the closing price on June 12, 2015. Thereafter, the price of the shares will be based on market conditions.
The goal of the split is to expand the Company’s shareholder base and increase liquidity in trading of the shares. The split will make the price of shares of the Company’s common stock more affordable and potentially more attractive to new investors.
Click here for Frequently Asked Questions about PPG’s two-for-one stock split.
PPG Industries is a leader in its markets; is a streamlined, efficient manufacturer; and operates on the leading edge of new technologies and solutions. It is our vision to continue being the world’s leading coatings and specialty products and services company, serving customers in construction, consumer products, industrial and transportation markets and aftermarkets. PPG has manufacturing facilities and equity affiliates in more than 60 countries around the globe.
PITTSBURGH--(BUSINESS WIRE)--Jun. 30, 2015--
PPG Industries (NYSE:PPG) has announced nine Excellent Supplier Award
recipients for superior performance in 2014.
On an annual basis, PPG purchases more than $7.5 billion in goods and
services globally from thousands of suppliers. The company’s criteria
for Excellent Supplier Awards include quality, commercial value,
delivery, documentation, innovation, responsiveness, sustainability and
Increases capacity for environmentally sustainable waterborne coatings
to meet growing demand
WUPPERTAL, Germany--(BUSINESS WIRE)--Jun. 30, 2015--
PPG Industries (NYSE:PPG) today announced the completion of a $5 million
expansion at its coatings manufacturing facility in Wuppertal, Germany.
The project added equipment to existing buildings on the campus,
supporting up to a 35 percent increase in annual production capacity of
PITTSBURGH--(BUSINESS WIRE)--Jun. 29, 2015--
PPG Industries (NYSE:PPG) today announced that President and Chief
Operating Officer Michael H. McGarry will present the keynote address
during the 48th annual Pittsburgh Chemical Day, Tuesday, Oct. 6, at the
Senator John Heinz History Center in Pittsburgh. The keynote
presentation will be part of the event’s luncheon program.
McGarry will provide an overview of the current state of the industry