Aggregates, coatings boost PPG’s Q1 sales as profits decline
Published: Friday, 21 April 2017
Aggregates posted growth in sales following higher demand in Europe, as industrial and performance coatings fared positively against a continued decline in the glass business.
US paints, glass and coatings producer PPG Inc. saw profits
slide in the first quarter of 2017 despite an increase in total
revenues, prompted by contributions from external acquisitions
pursued during last year, as prices remained "flat".
PPG’s total revenue, at $3.57bn in Q1 2017, was
0.9% higher year-on-year (y-o-y),...