IHS Chemical Week

People & Business :: M&A

PPG earnings rise 9% on auto strength, price increases

2:25 PM MDT | October 18, 2012 | Vincent Valk

PPG’s third-quarter net income was up 9% year-on-year (YOY), to $339 million, on strong automotive coatings volumes and price increases. Sales were flat, at $3.85 billion. Adjusted earnings, excluding a $9-illion tax charge related to the Georgia Gulf commodity chemicals deal, totaled $348 million, or $2.24/share. Adjusted earnings beat analysts’ consensus of $2.20/share, as reported by Thomson Reuters (New York). “North American sales activity remained strongest, highlighted by excellent automotive OEM (original equipment manufacturer) and...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.


Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis from the entire global chemical enterprise on chemweek.com
  • Mobile edition of Chemical Week
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional focus
  • Global outlook issue

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa