PPG Reports Financial Results of Fourth Quarter and Full-Year 2023
PPG has released its financial results for the fourth quarter and full year of 2023. The company reported record sales in both the fourth quarter and all of 2023.
“Capping off a record year, the PPG team delivered solid year-over-year sales growth, strong adjusted earnings growth, and record operating cash flow. The breadth and diversity of our business portfolio was a key driver to our record fourth quarter performance, as we benefited from solid volume growth in China, demand stabilization in Europe and continued growth in several key end-use markets such as aerospace, automotive original equipment manufacturer (OEM) and protective coatings, said Tim Knavish, PPG chairman and CEO.