Welcome to our dedicated page for Axalta Coating Sys news (Ticker: AXTA), a resource for investors and traders seeking the latest updates and insights on Axalta Coating Sys stock.
Axalta Coating Systems Ltd. manufactures, markets, and distributes high-performance coatings systems for vehicle, refinish, and industrial applications. Recurring news covers operating and financial results, capital-structure and governance updates, material-agreement disclosures, product introductions such as the Zencore™ cabinet coating system built on Zenamel™ technology, and automotive color research, including global color popularity reports and Color of the Year announcements.
The company organizes its business around Performance Coatings and Mobility Coatings, with coating applications spanning light vehicles, commercial vehicles, electric motors, building facades, and other industrial uses where corrosion prevention, durability, and production efficiency are central product functions.
Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, has scheduled its first quarter 2025 earnings conference call for May 7, 2025. The financial results will be released at 6 a.m. ET, followed by a conference call at 8 a.m. ET.
The earnings presentation will be led by CEO and President Chris Villavarayan and CFO Carl Anderson. Investors can access the live webcast through Axalta's Investor Relations site. The webcast replay will be available until May 7, 2026.
For direct participation, investors can dial 1-800-245-3047 (Conference ID: AXALTA). A replay will be accessible through May 14, 2025, via 1-844-512-2921 (Passcode: 11158545).
Axalta Coating Systems (AXTA) has secured two prestigious 2025 Edison Awards™ for innovative automotive coating solutions. The company's Irus Scan™ earned Silver in the Automotive Materials category for its groundbreaking handheld color measurement device featuring three patented measurement capabilities: colored sparkle, hue-shifting pigments detection, and gloss measurement.
The MyColor solution received Bronze recognition for revolutionizing custom color delivery in automotive coatings. This innovation significantly reduces custom color development time from 26-104 weeks to just 4 weeks, while improving inventory control and potentially reducing CO₂ emissions in OEM paint shops.
This marks Axalta's seventh consecutive year winning Edison Awards, which recognize market-leading innovations in new products and services.
Pulse Biosciences (PLSE) has appointed Jon Skinner as Chief Financial Officer, effective February 3, 2025. Skinner brings extensive healthcare sector experience, most recently serving as VP of FP&A and Investor Relations at Copeland. His prior roles include VP of Finance and Corporate Development at Imperative Care and VP of Finance – Interventional Urology at Teleflex, where he led 25 M&A transactions.
As part of his appointment, Skinner received inducement grants of options to purchase 300,000 shares at $20.93 per share. The options vest over four years, with half based on continuous employment and half tied to achieving product revenue and market capitalization milestones between $2 billion and $5 billion.
The appointment aims to support the company's operational excellence and commercialization of its CellFX nanosecond PFA Platform, which utilizes proprietary Nanosecond Pulsed Field Ablation technology.
Axalta Coating Systems (NYSE:AXTA) reported strong financial results for Q4 and full year 2024. The company achieved record Q4 net sales of $1.3 billion and record full-year net sales of $5.3 billion.
Q4 highlights include: net income up 85% to $137 million, net income margins of 10.5% (up 480 basis points YoY), and record Adjusted EBITDA of $275 million. Diluted EPS increased 91% to $0.63.
Full-year 2024 performance showed record net income of $391 million (up 45% YoY), record Adjusted EBITDA of $1,116 million, and net income margins of 7.4%. The company's net debt to LTM Adjusted EBITDA ratio improved to 2.5x from 2.9x year-over-year.
For 2025, Axalta projects net sales of $5,350-$5,400 million and Adjusted EBITDA of $1,150-$1,175 million.
Axalta Coating Systems (NYSE: AXTA) has won the 2025 BIG Innovation Award for its Voltatex® 8537PF, a groundbreaking wire enamel technology. The product, specifically designed for electric vehicles, wind turbines, and high-performance electrical systems, represents a significant advancement in motor coating technology.
The innovative organic-inorganic hybrid polyamide-imide wire enamel offers superior corona resistance, heat resilience, and transmission fluid resistance, important features for high power-density motors. This technology specifically addresses previous limitations in electric vehicle motor development, improving their reliability and efficiency.
The award, presented by the Business Intelligence Group (BIG), recognizes organizations, products, and people bringing innovative ideas to life. The winners were selected by a panel of business leaders and executives who volunteered to evaluate submissions.
Axalta Coating Systems (NYSE: AXTA) has announced the appointment of Tim Bowes as President of Global Industrial Coatings, effective January 27, 2025, succeeding Shelley Bausch. Bowes, who currently serves as Senior Vice President and Chief Transformation Officer at Axalta, brings extensive experience in managing industrial businesses globally.
Prior to joining Axalta, Bowes held executive positions at several companies, including Meritor, American Axle & Manufacturing, and Transtar Industries. He has international experience working in Asia and Europe, and holds an MBA from Wayne State University and a bachelor's degree from Lawrence Technological University.
CEO Chris Villavarayan highlighted Bowes' significant contributions to Axalta's transformation over the past two years, particularly in strategy and operational excellence.
Axalta Coating Systems (NYSE: AXTA) and Dürr Systems AG have announced a strategic partnership to provide digital paint solutions for automotive manufacturers. The collaboration combines Axalta's NextJet™ technology with Dürr's robotics integration capabilities to enable precise, overspray-free paint application for light vehicle OEMs.
The partnership focuses on maskless application of paint for tutone and graphics, with Dürr serving as the robotics integrator for Axalta NextJet™. The agreement builds upon Axalta's existing partnership with Xaar announced in 2023, who will remain an integral part of the digital paint solutions offered to the OEM market.
Demonstrations of Axalta NextJet™ integrated with Dürr robotics have already commenced at Dürr's test center in Bietigheim, Germany.
Axalta Coating Systems (NYSE: AXTA) has announced the launch of the Axalta Fellows Forum, a global network of distinguished Fellows aimed at identifying and developing new technologies and innovations. The initiative will work alongside the Technology Incubator team to explore emerging technologies from the global scientific community, focusing on applications in current markets and adjacent sectors.
Dr. Robert Roop, Senior Vice President and Chief Technology Officer, describes the forum as a strategic investment in Axalta's future. The company, which serves over 100,000 customers across 140 countries, leverages more than 150 years of experience and employs approximately 1,300 scientists, engineers, and technicians focused on developing sustainable products and improving processes.
Axalta Coating Systems (NYSE: AXTA) has announced its upcoming fourth-quarter and full-year 2024 financial results release, scheduled for February 4, 2025, at 6 a.m. ET. The company will host a conference call at 8 a.m. ET on the same day, where CEO and President Chris Villavarayan and CFO Carl Anderson will review the financial performance.
The earnings release and supporting materials will be available on Axalta's Investor Relations site. Investors can access the live webcast of the conference call, with a replay available through February 4, 2026. For those preferring to dial in, the conference call number is 1-800-225-9448 with conference ID 'AXALTA'. A replay will be accessible until February 11, 2025, at 1-844-512-2921 with passcode 11157765.
Axalta Coating Systems (NYSE: AXTA) has unveiled Evergreen Sprint as its 2025 Global Automotive Color of the Year. This deep forest green shade, inspired by the legendary British racing green, marks the company's 11th annual color announcement and second green selection. The color combines motorsport heritage with modern sophistication, making it suitable for various vehicle types from racing cars to everyday sedans and SUVs.
According to Dan Benton, Global Color Marketing Director at Axalta, the color emphasizes performance, competition, and adventure. The selection follows the company's Global Automotive 2023 Color Popularity Report, which indicates that green currently appears on approximately 2% of vehicles worldwide. The color choice resulted from collaboration among Axalta's global color experts, who have been identifying emerging automotive color trends since 2015.