PPG reports 4Q results.
In the fourth quarter, PPG's coatings sales increased $287 million, or 21%, due to the impact of acquisitions, improved sales volumes in Europe and Asia, increased selling prices and a positive foreign currency impact. Segment earnings were up $25 million due to increased sales volumes, the impact of acquisitions and the positive impact of strengthening foreign currencies. These gains were partially offset by increased costs to support growth and a small casualty loss. Increased selling prices offset the negative impact of inflation.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||Financial News|
|Article Type:||Financial report|
|Date:||Mar 1, 2007|
|Previous Article:||Dupont reports 4Q and full year 2006 results.|
|Next Article:||Sun Chemical patents yellow pigment.|