PPG Posts Record Profits on Higher Sales and Selling Prices

摘要

PPG Industries reported second-quarter net income of $340 million, up 25% from the same period last year. Earnings were $2.12/share, beating analysts' consensus of $2.01/share, as reported by Thomson Reuters (New York), and the highest quarterly earnings in PPG's his- tory. Sales rose 15%, to $4 billion, on volume growth and pricing gains in each major region and reporting segment.