Acquired privately-held Lux Global Label Asia Pte. Ltd.
Company’s precision application technology streamlines painting of two-tone vehicles.
EBITDA margin excluding restructuring result at 7.6% better than forecast, with positive free cash flow and low net financial debt.
Net sales in the first quarter were $1.17 billion, down $43.8 million or 3.6% from 1Q 2020.
Sales were steady year over year at $5.363 billion.
Free cash flow was $99.4 million in the first three months of 2021, compared with $57.1 million in 1Q 2020.
"...[T]he company no longer performs as the paint generalist that 'products' suggests,” said Guy Braun, director, CPC.
Coatings contractor Stuart Dean Company places 1st in specialty projects category.
Caused by raw material costs, increasing freight rates, and shortages of key material inputs.
Net sales of $320.3 million were up 11.1%, with net income of $48.7 million up 7.5%.
Sales growth of 16% to €19.4 billion, as EBIT before special items increases 42% to €2.3 billion.
Net organic sales increased 2% in the quarter, driven by sustainability-supported innovative packaging solutions.
For concrete, masonry, linoleum, vinyl and tile surfaces.
The abbreviation iSUB stands for "inline sublimation."
Wine & Box Bite wins in Product Design 2021 category.
SoFi Stadium will feature the company's infinitely recyclable Ball Aluminum Cup for draft beer and cocktails.
More than 20 pilot users from the newspaper and commercial segments.
PPG provided more than $45,000 to assist with the project, including 195 gallons (702 liters) of SEIGNEURIE exterior paint.
ECHA, the European Chemicals Agency, has recommended that the European Commission add seven substances to the Authorization List.