Ppg Reports Steady Second Quarter

PPG Industries reported a second quarter net income of $184m, on sales of $1.95bn. In the 1998 quarter, net income was $199m on sales of $2.0bn. Sales and operating earnings in PPG's coatings segment were records for any quarter, driven by recent acquisitions and volume gains in automotive OEM and refinish. The company's glass segment sales were lower due to the third quarter 1998 divestiture of European glass operations and price declines in fibre glass and automotive glass. (whole item)

Author
Un-named
Origin
Unknown
Journal Title
Glass Industry 80 10 September 1999 7
Sector
News Items
Class
N 758

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Ppg Reports Steady Second Quarter
Glass Industry 80 10 September 1999 7
N 758
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