Axalta earnings up on acquisitions

摘要

Axalta reported first-quarter net income up 9% year-over-year (YOY) to $69.9 million, net sales up 15.7% YOY to nearly $1.2 billion. The increases were mostly due to acquisitions, which contributed 8.4% to sales. Adjusted net income rose 3.6% YOY to $65.4 million. Adjusted EBITDA grew 8.3% YOY, to $220 million.