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

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