PPG Industries, Inc. (PPG) recently announced a $300-million investment in advanced manufacturing in North America to support the growing demand for paints and coatings in the automotive industry. This investment, beginning in 2024 and spanning four years, includes the construction of a new manufacturing plant in Loudon County, Tennessee. The new 250,000-square-foot facility will be PPG’s first new U.S. manufacturing plant in over 15 years. Initially, it will produce paints and coatings for automakers and a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ––––––––––––––––––––––––––––––––––––––––––––––––– FORM 10-Q ––––––––––––––––––––––––––––––––––––––––––––––––– ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-1687 ––––––––––––––––––– ...

财务数据和关键指标变化 - 公司第一季度销售额为43亿美元,尽管面临非常严峻的宏观环境,但仍实现了稳健的销售表现 [9] - 公司连续第六个季度实现了分部利润率同比增长 [9] - 第一季度调整后每股收益为1.86美元,略高于公司1月份提供的中值指引 [9] - 这是公司历史上第二好的第一季度调整后每股收益,仅次于2020年初疫情期间房地产涂料销售激增的水平 [9] - 第一季度调整后每股收益同比增长,主要得益于原材料成本下降和制造效率提升,但被销量下降和工资福利成本上升所抵消 [10] 各条业务线数据和关键指标变化 - 工业分部利润率同比提升100个基点 [15] - 性能涂料分部利润率同比提升约40个基点,受益于定价改善和原材料成本下降,但被销量下降和工资通胀所抵消 [15] 各个市场数据和关键指标变化 - 中国市场销售实现两位数有机增长,反映了公司在该国的强大业务组合 [11] - 印度市场也实现了两位数增长 [11] - 欧洲市场需求疲软,受到3月复活节假期提前的影响 [10] - 全球工业生产持续疲弱 [10] 公司战略和发展方向及行业竞争 - 公司正在进行建筑涂料美国和加拿大业务以及硅酸盐产品业务的战略评估 [21] - 剥离这些业务后,公司的利润率将平均提高200-300个基点 [21] - 公司正在执行企业增长战略,包括在汽车电动化、汽车零部件、粉末涂料等领域获得市场份额 [19][20] - 公司在墨西哥的强大分销网络有助于将更多非建筑涂料产品销往该高速增长的市场 [19] - 公司在汽车修补领域的数字化工具获得客户广泛采用,有助于提高修补厂的生产效率 [20] 管理层对经营环境和未来前景的评论 - 公司有信心在2024年各季度实现销量正增长 [27] - 预计第二季度调整后每股收益将达到2.42-2.52美元,创历史新高 [22] - 尽管全球工业生产仍将处于低位,但公司预计第二季度整体销量将实现低单位数的正增长 [22] - 公司有信心在中国、墨西哥和印度等市场实现持续增长,并预计欧洲市场将逐步企稳 [24] - 原材料成本预计将在2024年全年下降低单位数至中单位数 [26] 其他重要信息 - 公司在第一季度回购了约1.5亿美元的股票,体现了公司利用强劲现金流和资产负债表为股东创造价值的承诺 [18] - 公司董事会增加了25亿美元的股票回购授权,使总授权额度达到约34亿美元 [18] 问答环节重要的提问和回答 问题1 **Ghansham Panjabi 提问** 公司的全年指引体现了下半年大幅改善的预期,这种信心的基础是什么? [33] **Timothy Knavish 回答** 公司有信心实现全年10%的利润增长,主要基于以下几点: [34][35][36][37] - 过去几个季度公司在利润率和现金流方面的表现给予了灵活性 - 预计销量增长势头将持续 - 定价方面有信心保持良好表现 - 制造效率提升将带来更大的财务影响 - 在中国、墨西哥、印度等市场保持强劲表现 - 正在推进的企业增长战略举措 - 资本部署方面仍有灵活性 问题2 **John McNulty 提问** 公司一季度原材料成本下降高单位数,二季度预计会下降中单位数,这对定价的影响如何? [40][41] **Vincent Morales 回答** 一季度欧洲能源相关的定价指数下降约1500万美元,这完全被成本下降所抵消。剔除这一影响,公司实际的结构性定价在二季度仍将保持正增长 [42][43] 问题3 **Michael Sison 提问** 公司二季度转为销量正增长的信心来源于哪些方面? [46] **Timothy Knavish 回答** 公司对二季度销量正增长的信心来自以下几个方面: [47] - 剔除沃尔玛订单的影响,公司销量呈现持续改善趋势 - 去年获得的一些市场份额提升正在二季度开始释放 - 公司目前的订单和发货情况也支持这一判断

First Quarter 2024 Financial Results April 18, 2024 Forward-Looking Statements This presentation contains forward-looking statements that reflect the Company’s current views with respect to future events and financial performance. You can identify forward-looking statements by the fact that they do not relate strictly to current or historic facts. Forward-looking statements are identified by the use of the words “aim,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast” ...

Exhibit 99 News PPG Media Contact: Mark Silvey Corporate Communications +1-412-434-3046 silvey@ppg.com PPG Investor Contact: Jonathan Edwards Investor Relations +1-412-434-3466 jonathanedwards@ppg.com investor.ppg.com PPG reports first quarter 2024 financial results • Record reported earnings per diluted share (EPS) of $1.69 and adjusted EPS of $1.86 • Net sales of $4.3 billion; organic sales declined 2% versus prior year, down 1% excluding prior year large customer load-in • Segment margins improved 60 bas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-1687 PPG INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0730780 (State or other jurisdict ...

PPG Industries, Inc. (NYSE:PPG) Q4 2023 Earnings Conference Call January 19, 2024 8:00 AM ET Company Participants Jonathan Edwards - Director of IR Tim Knavish - President and CEO Vince Morales - SVP and CFO John Bruno - VP of Finance Conference Call Participants David Begleiter - Deutsche Bank John McNulty - BMO Ghansham Panjabi - Baird Duffy Fischer - Goldman Sachs Stephen Byrne - Bank of America/Merrill Lynch John Roberts - Mizuho Josh Spector - UBS Kevin McCarthy - VRP Michael Leithead - Barclays Jeff Z ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ––––––––––––––––––––––––––––––––––––––––––––––––– FORM 10-Q ––––––––––––––––––––––––––––––––––––––––––––––––– ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-1687 ––––––––––––––– ...

PPG Industries, Inc. (NYSE:PPG) Q3 2023 Earnings Conference Call October 19, 2023 8:00 AM ET Company Participants John Bruno - VP, IR Tim Knavish - President & CEO Vince Morales - SVP & CFO Conference Call Participants John McNulty - BMO Duffy Fischer - Goldman Sachs Ghansham Panjabi - Baird Christopher Parkinson - Mizuho Michael Leithead - Barclays Vincent Andrews - Morgan Stanley Stephen V. Byrne - Bank of America Jeffrey Zekauskas - JPMorgan Josh Spector - UBS David Begleiter - Deutsche Bank Kevin McCart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ––––––––––––––––––––––––––––––––––––––––––––––––– FORM 10-Q ––––––––––––––––––––––––––––––––––––––––––––––––– ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-1687 –––––––––––––––––––– ...