PPG reports second quarter 2022 financial results
Organic sales growth of 8%, driven by higher selling prices, which are up by 15% on a two-year stack basis. For the seventh consecutive quarter, we delivered record quarterly sales driven by our continued implementation of real-time selling price increases to fully counter inflation and we benefitted from our recent acquisitions. Our strong selling price realization fully offset persistent cost inflation during the second quarter, leading to higher sequential operating margins compared to the first quarter.