
PPG Boosts Sales 3% to $18.2B Amid Cost Relief and 27% Income Surge
PPG Industries, Inc.Description
What this story covers
PPG Industries' 2023 10-K reveals $18.2B net sales (up 3%), driven by pricing amid moderating raw materials, yielding 27% income growth to $1.7B. Segments showed resilience with Performance Coatings up 22% and Industrial 50%. Strong liquidity at $1.6B supports growth; sustainability and risks like volatility highlighted. Adjusted EPS rose 27% to $7.67.
Story snapshot
CompanyPPG Industries, Inc.
TickerPPG
VariantStandard detailed
Duration16:45
Filing type10-K
PeriodAnnual 2023
IndustryIndustrials & Manufacturing
Accession0000079879-24-000040
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