PPG Q2 Report 2023
- Record quarterly net sales of $4.9 billion
- Organic sales growth of 4% year over year (YOY), led by higher selling prices
- Record quarterly earnings per diluted share (EPS) of $2.06 and adjusted EPS of $2.25
- Significant progress on margin recovery; segment margins up 330 basis points YOY
- Strong year-to-date operating cash flow of about $620 million; up about $750 million YOY
- Selling prices: Higher in all businesses YOY
