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PPG Industries, Inc. develops and sells paints, coatings and specialty products for construction, consumer products, industrial, transportation and aftermarket customers. Company news commonly covers segment results in Global Architectural Coatings, Performance Coatings, Industrial Coatings, aerospace coatings, protective and marine coatings, Traffic Solutions, and packaging or automotive OEM coatings.
Recurring updates also include product and technology investments, such as radiation-curable coatings, protective systems for data center infrastructure, and R&D activity across regional laboratories. PPG news also addresses acquisitions that expand coatings lines, dividend declarations, shareholder meeting matters, leadership changes, digital transformation and operational efficiency initiatives.
PPG (NYSE: PPG) announced its expanded motorsports presence for 2025, featuring its livery in two major racing series. The company will be the primary sponsor for Wood Brothers Racing No. 21 Mustang at the Brickyard 400 on July 27, driven by Josh Berry. Additionally, PPG will sponsor the Team Penske No. 2 PPG Chevrolet in seven NTT INDYCAR Series races throughout 2025, with defending INDY 500 winner Josef Newgarden at the wheel.
The partnership coincides with Wood Brothers Racing's 75th season in competition. PPG will also maintain its role as an associate partner for Team Penske's other vehicles in both racing series, including those driven by Will Power, Scott McLaughlin, Austin Cindric, Ryan Blaney, and Joey Logano.
PPG (NYSE:PPG) reported its Q4 and full-year 2024 financial results, following the divestiture of its silica products and architectural coatings U.S. and Canada businesses. Q4 net sales from continuing operations were $3.7 billion, with reported EPS of $0.01 and adjusted EPS of $1.61, up 3% year-over-year.
Full-year 2024 highlights include net sales from continuing operations of $15.8 billion, reported EPS of $5.72, and adjusted EPS of $7.87, representing a 6% increase. The company achieved segment margin of 17.1% and segment EBITDA margin of 19.9%, up 70 basis points year-over-year. Operating cash flow reached $1.4 billion, with share repurchases and dividends totaling $1.4 billion.
For 2025, PPG expects adjusted EPS between $7.75 and $8.05, targeting 7% growth excluding foreign currency impact and higher tax rates. The company plans to deploy approximately $400 million toward share repurchases in Q1 2025.
PPG (NYSE:PPG) has achieved a significant milestone by being named to Fortune Magazine's 'World's Most Admired Companies' list for the 17th consecutive year. The company secured the #2 position in the chemicals industry, maintaining its ranking from 2024 and marking its highest industry placement since 2017.
The company excelled in several key areas, receiving top marks for global competitiveness, quality of products/services, financial soundness, social responsibility, quality of management, and use of corporate assets. The 2025 list was compiled through a comprehensive survey of 630 companies across 30 countries and 51 industries, with input from over 3,380 executives, directors, and securities analysts.
PPG, headquartered in Pittsburgh, reported net sales of $18.2 billion in 2023 and operates in more than 70 countries, serving construction, consumer products, industrial and transportation markets and aftermarkets.
PPG (NYSE:PPG) has announced its Board of Directors has declared a regular quarterly dividend of 68 cents per share, payable March 12 to shareholders of record Feb. 21. The company has demonstrated remarkable consistency in its dividend payments, having raised its annual dividend for 53 consecutive years and maintained uninterrupted annual dividends since 1899. This marks PPG's 506th consecutive dividend payment.
The company, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $18.2 billion in 2023. PPG serves customers in construction, consumer products, industrial and transportation markets, and aftermarkets, focusing on developing and delivering paints, coatings, and specialty materials.
PPG (NYSE: PPG) has announced its schedule for the fourth-quarter and full-year 2024 earnings release and teleconference call. The earnings release will be published on Thursday, January 30, after U.S. stock markets close, followed by a teleconference on Friday, January 31, at 8 a.m. ET. Key participants will include Tim Knavish (Chairman and CEO), Vincent Morales (CFO), and Alex Lopez (Director, Investor Relations).
The company will provide recast financial information for all periods to reflect discontinued operations following the sale of its architectural coatings business in the U.S. and Canada, completed in December 2024. PPG reported net sales of $18.2 billion in 2023 and operates in more than 70 countries, serving construction, consumer products, industrial and transportation markets.
PPG (NYSE: PPG) has donated its PPG LINQ™ digital automotive refinish ecosystem to 15 vocational schools across more than 10 European countries over the past 15 months. This initiative is part of the company's $2 million commitment through 2025 for workforce development programs aimed at addressing skills shortages in the automotive refinish industry.
The donation benefits over 1,500 students by providing hands-on experience with digital tools, including the PPG MOONWALK® paint mixing system, PPG DIGIMATCH™ color camera, PPG VISUALIZID™ 3D rendering software, and PPG LINQ Color digital identification software. The initiative addresses challenges highlighted in the European Commission's report on vocational education and training, such as access to modern equipment and funding constraints.
PPG has been named among the 'Best Places to Work in Information Technology (IT) in 2025' by Foundry's Computerworld, marking its seventh appearance on this prestigious list. The company ranked No. 18 among large organizations, recognized for challenging IT staff while providing excellent benefits and compensation.
The recognition highlights PPG's focus on people development, particularly in AI and cloud environment initiatives. The ranking was based on comprehensive questionnaires about company offerings in categories including benefits, career development, future of work, training, and retention.
According to Bhaskar Ramachandran, PPG's vice president and CIO, the company emphasizes special project assignments for skills development, stretch capabilities, and mentorship programs. The recognition reflects PPG's commitment to modernizing and digitizing their organization while maintaining strong connections to business strategy and purpose.
PPG (NYSE:PPG) has been named to Newsweek's America's Most Responsible Companies list for the fifth consecutive year, ranking #110 overall and #8 in the Materials and Chemicals industry category. The 2025 list evaluated the top 2,000 public companies and recognized 600 most responsible companies in the U.S.
The ranking considers a holistic view of corporate responsibility, including environmental, social, and governance factors. Companies were selected based on public data analysis and a survey of 26,000 U.S. residents regarding their perceptions of corporate social responsibility.
PPG, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $18.2 billion in 2023, serving customers in construction, consumer products, industrial and transportation markets.
PPG has completed an on-site solar installation at its Caivano, Italy facility, marking significant progress toward its 2030 greenhouse gas emissions reduction targets. The 1.5 megawatt installation, developed in partnership with Grastim, will reduce CO2 emissions by approximately 390 metric tons annually. Combined with a previously installed combined heat and power unit (CHP), the facility is achieving roughly 15% reduction in annual operating costs.
The CHP unit, installed in 2021, captures waste heat to produce steam and hot water, resulting in an annual reduction of approximately 1,100 metric tons of CO2 emissions. The Caivano facility, which employs over 120 people, manufactures electrocoat products for industrial and automotive markets and decorative resins for PPG's automotive and refinish plants.
American Industrial Partners (AIP) has completed its acquisition of PPG's U.S. and Canadian architectural coatings business, renaming it The Pittsburgh Paints Company. The 125-year-old company, among the industry's top three producers of interior and exterior paints and related products, will serve professionals and DIY customers across the United States and Canada. The company will also act as the exclusive distributor for PPG's Protective and Marine Coatings business in the region. The newly independent company aims to leverage its legacy of innovation and product excellence for transformation and growth under AIP's ownership.