COVID-19's Impact on the Coatings Industry

摘要

The full impact of the COVID-19 pandemic on the coatings industry is still not clear. This year's annual reports were compiled before the virus brought the industry to a halt. Reading through Ql 2020 financial statements the news is not good. The paint and coatings industry will need to reassess their business plans and financial expectations for 2020 and beyond. PPG reported first quarter 2020 net sales of about $3.4 billion, down approximately 7 percent versus the prior year.