HighGravityData

PPG Industries — Jan 30, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000079879-25-000016
Open on SEC.gov ↗
Showing in the filing
Annualized share gains in Industrial Coatings segment
“more than $100 million”
Period
H2 FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Organic sales growth for FY2025
“a low single-digit percentage”
Organic growth for Q1 FY2025
“flat to slightly down”
Organic sales growth for Q1 FY2025
“flat to slightly down”
Share repurchases for Q1 FY2025
“about $400 million”
Adjusted earnings per share for FY2025
“$7.75 to $8.05”
Annualized share gains in Industrial Coating… for H2 FY2024
“more than $100 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
The company expects that annual EPS growth will be weighted toward the second half of 2025 as global industrial demand weakened and the U.S. dollar strengthened in the second half of 2024. Additionally, we expect to realize more than $100 million in annualized share gains in our Industrial Coatings segment beginning in the second half of the year. Additional information related to 2025 financial projections is posted within the slides and prepared commentary associated with the fourth quarter earnings documents on the Investors section of PPG.com. The term organic sales as used in this press release is defined as net sales excluding the impact of currency, acquisitions and divestitures. PPG: WE PROTECT AND BEAUTIFY THE WORLD® At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.8 billion in 2024. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com . The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc. Additional Information PPG will
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.