Industry News, Ink Manufacturers News

PPG Reports Record 4Q and Full-Year Net Sales and Adjusted Earnings

Fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6%, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10% year-over-year, with acquisition-related sales contributing about 6% and volume growth adding 4%. Unfavorable currency translation impacted net sales by 4%, or about $130 million.   Fourth quarter 2014 reported net income from continuing operations was $86 million, or 62 cents per diluted ...

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