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Axalta Coating Systems Ltd - AXTA STOCK NEWS

Welcome to our dedicated news page for Axalta Coating Systems (Ticker: AXTA), a resource for investors and traders seeking the latest updates and insights on Axalta Coating Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Axalta Coating Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Axalta Coating Systems's position in the market.

Rhea-AI Summary
Axalta Coating Systems to release Q3 2023 financial results on November 1
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End-of-Day
-0.55%
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Axalta introduces Wood Vibes: Lifestyles, a collection highlighting current industrial wood coatings for furniture and home products. The collection prioritizes comfort and tranquil simplicity, drawing inspiration from the natural world. Available for viewing at the Axalta Global Design Center during High Point Market, October 14-18, 2023.
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End-of-Day
0.78%
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Rhea-AI Summary
Axalta Coating Systems announces retirement of Senior Vice President, General Counsel & Corporate Secretary Brian Berube and appointment of Alex Tablin-Wolf as his successor.
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1.04%
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Axalta wins 2023 R&D 100 award for next generation Imron coating technology
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1.61%
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Axalta partners with Xaar to introduce Axalta NextJet™, a sustainable digital paint technology for the transportation industry, which can contribute to a 30% reduction in CO2 emissions and significant cost savings for two-tone vehicle manufacturers.
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-0.57%
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partnership
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Axalta Coating Systems (NYSE: AXTA) released its 2020-2022 Sustainability Report, highlighting progress on ambitious 2030 goals and commitment to sustainable future. The report outlines Axalta's approach to ESG goals, including emissions, waste, water, diversity, and community investment. CEO Chris Villavarayan emphasized the responsibility to ensure sustainability is central to every part of the business.
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End-of-Day
-0.65%
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Axalta Coating Systems Ltd. (NYSE:AXTA) reported strong financial results for Q2 2023, with net sales increasing by 4.8% year-over-year, income from operations of $137.6 million, and adjusted EBIT of $154.5 million. Despite a 3.7% decline in volumes due to production constraints following an ERP implementation, the company demonstrated robust pricing and strong market demand. Mobility Coatings net sales increased by 15.5%, driving a 32.8% increase in income from operations. However, the Performance Coatings segment faced challenges with flat net sales and a decline in volumes by 11.1%. The company's net leverage improved to 3.6x at June 30, 2023, with cash flow from operations of $131.0 million.
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-8.39%
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0.63%
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Copeland (NYSE: AXTA) appoints Sean Lannon as new Chief Financial Officer, following Blackstone's majority stake acquisition. Lannon brings over 20 years of finance and manufacturing experience, joining from Axalta. Copeland focuses on sustainable climate solutions and advancing next-gen climate technologies.
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0.52%
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management
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Axalta Coating Systems appoints Carl Anderson as new CFO
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-2.7%
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management
Axalta Coating Systems Ltd

NYSE:AXTA

AXTA Rankings

AXTA Stock Data

6.94B
219.14M
0.37%
99.58%
2.64%
Paint and Coating Manufacturing
Manufacturing
Link
US
Philadelphia

About AXTA

singular focus on providing brilliant coatings sets us apart. axalta coating systems is the only leading global coatings company dedicated solely to the development, manufacture and sale of liquid and powder coatings. we serve customers in the automotive, transportation, general industrial and architectural and decorative sectors. our innovative products and services include paint, color matching tools, application technologies and customer training and business management systems. our scale ensures we can deliver innovative coating systems around the world. fast facts • over 145 years of experience in the coatings industry • more than 12,000 people who create, manufacture, distribute and support our products and services • doing business in 130 countries • 35 manufacturing plants around the world • 7 research & development centers on four continents • over 1,800 patents held or pending • 42 training centers to support our refinish customers around the globe • more than 120,