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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.

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Title Annotation:Financial News
Publication:Coatings World
Article Type:Financial report
Geographic Code:1USA
Date:Mar 1, 2007
Words:82
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