Despite macro-challenges like weak global industrial activity, high cost inflation, ongoing geopolitical issues, and waning demand in U.S. construction-related end-use markets, PPG Industries delivered an all-around beat in its recent result. The company's first quarter sales were $4.4 billion and it produced $1.82 in adjusted earnings per diluted share from continuing operations, 33% more than in the corresponding period in 2022. Their operating segment margin recovery quickened, improving 380 ....

02 May 2023
PPG Industries, Inc.: A Decent Performer Despite Weak Demand – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)

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PPG Industries, Inc.: A Decent Performer Despite Weak Demand – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
02 May 2023 -
Author:
Ishan Majumdar -
Pages:
28 -
Despite macro-challenges like weak global industrial activity, high cost inflation, ongoing geopolitical issues, and waning demand in U.S. construction-related end-use markets, PPG Industries delivered an all-around beat in its recent result. The company's first quarter sales were $4.4 billion and it produced $1.82 in adjusted earnings per diluted share from continuing operations, 33% more than in the corresponding period in 2022. Their operating segment margin recovery quickened, improving 380 ....