Kerry Pianoforte, Editor 03.27.19
Coatings World recently had the opportunity to interview Robert Bryant, CEO of Axalta.
Coatings World: How did the market for paints and coatings fare overall in 2018?
Bryant: The market for paints and coatings in 2018 yielded positive financial results for Axalta across our core businesses, with net total sales of $4.7 billion, up seven percent vs. 2017. In our Refinish business, we experienced strong underlying growth, a positive price-mix, and ongoing market share gains in North America and Europe. Our Industrial business also generated a positive price-mix on top of mid-single digit net sales growth. Overall, our Performance Coatings segment generated net sales of approximately $3 billion in 2018, an increase of more than 13 percent vs. 2017.
Our transportation business began to experience a positive-price mix in the fourth quarter of 2018 after two years of pricing pressure. Light vehicle and commercial vehicle net sales both decreased in 2018, while strong heavy-duty truck demand in the Americas continued throughout the year. In addition, slo
Coatings World: How did the market for paints and coatings fare overall in 2018?
Bryant: The market for paints and coatings in 2018 yielded positive financial results for Axalta across our core businesses, with net total sales of $4.7 billion, up seven percent vs. 2017. In our Refinish business, we experienced strong underlying growth, a positive price-mix, and ongoing market share gains in North America and Europe. Our Industrial business also generated a positive price-mix on top of mid-single digit net sales growth. Overall, our Performance Coatings segment generated net sales of approximately $3 billion in 2018, an increase of more than 13 percent vs. 2017.
Our transportation business began to experience a positive-price mix in the fourth quarter of 2018 after two years of pricing pressure. Light vehicle and commercial vehicle net sales both decreased in 2018, while strong heavy-duty truck demand in the Americas continued throughout the year. In addition, slo
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