PPG.N

PPG Industries to Discuss Q3 Results and Sale of Coatings Business

authorIntellectia.AI

2024-10-171mins

PPG Industries (NYSE:PPG) is set to host a conference call on October 17, 2024, at 8:00 a.m. ET to discuss its third-quarter financial performance and the agreement to sell its architectural coatings business in the U.S. and Canada. Interested participants can pre-register for the call online, and it will also be available in a listen-only mode via Internet broadcast from the PPG Investor Center. A telephone replay will be accessible from October 17 to October 31, 2024, with international access provided. Additionally, a web replay will remain available until October 15, 2025.

PPG has a longstanding history of providing innovative paints, coatings, and specialty materials globally. The company reported net sales of $18.2 billion in 2023 and operates in over 70 countries. The upcoming conference call will address the strategic move to sell its architectural coatings division, which is expected to result in significant restructuring and cost savings for the company.

The forward-looking statements in the announcement highlight potential risks and uncertainties, including regulatory approvals and the realization of anticipated cost savings. PPG emphasizes that actual results may differ materially from these projections.

For more information, visit PPG's official website.

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