PPG’s Q4 income buoyed by coatings growth in emerging regions

By Kasia Patel
Published: Friday, 20 January 2017

While the company was hit by a number of restructuring charges as it sought to make its business more profitable during 2016, sales were driven by emerging regions, where PPG saw highest volume growth rates for coatings.

North American paints and coatings producer PPG Inc. reported a decline in net income from current operations for the fourth quarter of 2016 and the full year as the company was hit by a number of restructuring expenses and charges.

Fourth quarter net income from continuing operations totalled $77m, compared with...

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