07.01.14
04 Sherwin Williams
Cleveland, Ohio/USA
www.sherwin-williams.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1866
REVENUE: $9.34 billion s (2012: $7.855 billion)
(Note: Sherwin-Williams reported total revenue of $10.18 billon for fiscal 2013. However, for purposes of this report, sales of painting tools and equipment in the Paint Stores Group are not reported as part of coatings revenue. The above is Coatings World’s estimate. )
MARKETS SERVED
•Architectural coatings • Industrial coatings • Protective and marine coatings • OEM product finishes • Wood finishes • Aerospace coatings
KEY EXECUTIVES
Christopher Connor, chairman and CEO; John Morikis, president and COO; Sean Hennessy, senior VP, finance and CFO.
The Sherwin-Williams Company reported sales of $10.18 billion in net sales. Minus the sale of painting tools and equipment in the company’s Paint Store Group, Coatings World estimates the company’s paint and coatings sales to be approximately $9.34 billion.
Its Paints Stores Group represents 58.9 percent of total sales and includes Sherwin-Williams branded paints and stains. Major brands include Sherwin-Williams, MAD, ProMar and SuperPaint. The Consumer Group comprises 13.2 percent of sales and sells branded, private label and licensed brand paints, stains, varnishes, industrial products, wood finishing products, aerosols, caulks and adhesives. Major brands include Dutch Boy, Krylon, Minwax, Thompson’s WaterSeal, Pratt and Lambert, Martin Senour, Ronseal and Duraseal. The company’s Global Finishes Group comprises 19.7 percent of total sales and manufactures and sells a wide range of OEM product finishes, protective and marine coatings and automotive finishes to a customer base in 120 countries. Key brands include Sherwin-Williams, Lazzuril, Excelo and Baco. The Latin America Coatings Group encompasses 8.2 percent of total sales. It manufactures a wide range of architectural paints and industrial coatings throughout Latin America.
Paint Store Group
• Sherwin-Williams acquired Comex’s U.S. and Canadian business, whiched added 306 company-operated stores its base of retail stores
• Opened 82 new Sherwin-Williams stores – finishing the year wotj a total of 3,908 stores in the U.S., Canada and the Caribbean.
• Introduced 13 new products, including seven GREENGUARD Gold certified products.
• Sherwin-Williams introduced ColorSnap Glass, its first Google Glass application.
Consumer Group
• Consumer Group’s return on sales reached 18 percent
• Through the Comex acquisition, S-W added Duckback, Superdeck and Mason’s Select to its portfolio of woodcare brands and products.
• Introduced Purdy Marathon premium line of roller covers that feature durability, longevity and sustained performance.
• Minwax Wood Finishing Cloths were named a 2014 Better Homes and Gardens Best New Product.
Global Finishes Group
• Global Finishes surpassed $2 billion in revenue for the first time.
• Sherwin-Williams was named the 2014 “Official Automotive and Transportation Finish of NASCAR.”
• Acquired the assets and technology of Australia-based Coating & Industrial Technologies Pty. Ltd. (CIT).
• Launched several high-performing and environmentally friendly products, including UV and LED technologies under brands that include Envirolastic, Fast Clad and Laqvin.
• Its products were selected for use on the San Francisco 49ers’ new stadium.
Latin America Coatings Group
• Latin America Coatings Group opened six new S-W stores for a total of 282 in the region and continued the expansion of its dedicated dealer program that is comprised of 587 dealer stores.
• Introduced a specialized line of light industrial interior and exterior coatings under the Sherwin-Williams Ultra Protection name, as well as new FIRETEX intumescent coatings and Low Temperature ES301W marine coatings.
• Opened nine Spray Source locations within existing paint stores for a total of 12 such locations in the region.
• In Brazil, Novacor received awards for best floor paint, and Colorginr was named best aerosol paint.
Cleveland, Ohio/USA
www.sherwin-williams.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1866
REVENUE: $9.34 billion s (2012: $7.855 billion)
(Note: Sherwin-Williams reported total revenue of $10.18 billon for fiscal 2013. However, for purposes of this report, sales of painting tools and equipment in the Paint Stores Group are not reported as part of coatings revenue. The above is Coatings World’s estimate. )
MARKETS SERVED
•Architectural coatings • Industrial coatings • Protective and marine coatings • OEM product finishes • Wood finishes • Aerospace coatings
KEY EXECUTIVES
Christopher Connor, chairman and CEO; John Morikis, president and COO; Sean Hennessy, senior VP, finance and CFO.
The Sherwin-Williams Company reported sales of $10.18 billion in net sales. Minus the sale of painting tools and equipment in the company’s Paint Store Group, Coatings World estimates the company’s paint and coatings sales to be approximately $9.34 billion.
Its Paints Stores Group represents 58.9 percent of total sales and includes Sherwin-Williams branded paints and stains. Major brands include Sherwin-Williams, MAD, ProMar and SuperPaint. The Consumer Group comprises 13.2 percent of sales and sells branded, private label and licensed brand paints, stains, varnishes, industrial products, wood finishing products, aerosols, caulks and adhesives. Major brands include Dutch Boy, Krylon, Minwax, Thompson’s WaterSeal, Pratt and Lambert, Martin Senour, Ronseal and Duraseal. The company’s Global Finishes Group comprises 19.7 percent of total sales and manufactures and sells a wide range of OEM product finishes, protective and marine coatings and automotive finishes to a customer base in 120 countries. Key brands include Sherwin-Williams, Lazzuril, Excelo and Baco. The Latin America Coatings Group encompasses 8.2 percent of total sales. It manufactures a wide range of architectural paints and industrial coatings throughout Latin America.
Paint Store Group
• Sherwin-Williams acquired Comex’s U.S. and Canadian business, whiched added 306 company-operated stores its base of retail stores
• Opened 82 new Sherwin-Williams stores – finishing the year wotj a total of 3,908 stores in the U.S., Canada and the Caribbean.
• Introduced 13 new products, including seven GREENGUARD Gold certified products.
• Sherwin-Williams introduced ColorSnap Glass, its first Google Glass application.
Consumer Group
• Consumer Group’s return on sales reached 18 percent
• Through the Comex acquisition, S-W added Duckback, Superdeck and Mason’s Select to its portfolio of woodcare brands and products.
• Introduced Purdy Marathon premium line of roller covers that feature durability, longevity and sustained performance.
• Minwax Wood Finishing Cloths were named a 2014 Better Homes and Gardens Best New Product.
Global Finishes Group
• Global Finishes surpassed $2 billion in revenue for the first time.
• Sherwin-Williams was named the 2014 “Official Automotive and Transportation Finish of NASCAR.”
• Acquired the assets and technology of Australia-based Coating & Industrial Technologies Pty. Ltd. (CIT).
• Launched several high-performing and environmentally friendly products, including UV and LED technologies under brands that include Envirolastic, Fast Clad and Laqvin.
• Its products were selected for use on the San Francisco 49ers’ new stadium.
Latin America Coatings Group
• Latin America Coatings Group opened six new S-W stores for a total of 282 in the region and continued the expansion of its dedicated dealer program that is comprised of 587 dealer stores.
• Introduced a specialized line of light industrial interior and exterior coatings under the Sherwin-Williams Ultra Protection name, as well as new FIRETEX intumescent coatings and Low Temperature ES301W marine coatings.
• Opened nine Spray Source locations within existing paint stores for a total of 12 such locations in the region.
• In Brazil, Novacor received awards for best floor paint, and Colorginr was named best aerosol paint.
