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    Breaking News

    Axalta Hosts Capital Markets Day

    CEO Robert Bryant and members of the Axalta Leadership Team presented a detailed overview of the company.

    Axalta Hosts Capital Markets Day
    05.06.21
    Axalta Coating Systems hosted a virtual Capital Markets Day on May 5, 2021 where CEO Robert Bryant and members of the Axalta Leadership Team presented a detailed overview of the company, its strong and sustainable competitive position, and four-year financial targets. 
     
    As Axalta enters a new phase focused on growth, the company expects to unlock its full potential to create substantial stakeholder value built on a foundation of innovation, organic and inorganic opportunities and capitalizing on operational excellence for continuous improvement and enhanced execution. 
     
    "I've never been as excited about the prospects for Axalta as I am today. We're in a unique and highly profitable position where we can leverage our competitive advantages in innovation, technology, and value-added coatings as well as services to help our customers be successful with the opportunities that we believe will arise from the COVID-19 pandemic rebound and broader macro industry trends," Bryant said. "We have all the ingredients for long-term success that will support accelerated growth, productivity, cash flow, improved returns, and stakeholder value." 
     
    Axalta also provided 2024 financial guidance during the Capital Markets Day presentations. 
     
    The company anticipates 4 to 5% organic net sales growth (compound annual growth rate from 2019 to 2024), an adjusted Earnings Per Share range of $2.90 to $3.10, and $2.4 billion of cumulative 4-year free cash flow with a majority of free cash flow being deployed for acquisitions and share repurchases.
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      Axalta Updates Financial Guidance

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      Axalta updates financial guidance to reflect ongoing impacts of customer supply chain shortages and raw material and logistics constraints.
      09.22.21

    • Breaking News | Marine Coatings | Paint & Coatings Manufacturer News
      Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns

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      Protective Coatings Leader Hempel Brings Expertise to the Wind Industry

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    • Breaking News | Financial News | Paint & Coatings Manufacturer News
      Paint Specialist Flügger Maintains Momentum in Q1 2021-22

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      Sales were $766 million for the quarter, up 17% in the prior year period.
      09.21.21

    • Breaking News | Financial News
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      The annual meeting will be held at 2:00 p.m. EDT on Thursday, October 7, 2021.
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    Breaking News
    • ABC: Tariffed Construction Materials Prices Rise in May
    • BASF Coatings Looks to Sell Coatings Business: Bloomberg News
    • Two New Directors Add Expertise to ChemQuest Team
    • Nor-Shipping Reaction from AkzoNobel
    • BASF Starts Up New Plant for Hexamethylenediamine in Chalampé, France
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