Axalta Coating Systems

Axalta Coating Systems Ltd. engages in the manufacture, marketing and distribution of coatings systems. It operates through the Performance Coatings and Transportation Coatings business segments. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. The Transportation Coatings segment offers advanced coatings technologies to original equipment manufacturers of light and commercial vehicles. The company was founded in 1866 and is headquartered in Glen Mills, PA.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Axalta Coating Systems reports strong Q4 performance and eyes China growth

Axalta Coating Systems delivered a strong Q4 performance with net sales growth, adjusted EBIT of $147 million, and adjusted diluted EPS of $0.38, under new CEO leadership.
The company faces challenges such as cost savings charges, price-cost gap increase, and rising maintenance CapEx, but anticipates margin improvement and growth opportunities in China.
Strategic strengths include improving margins in Mobility business, focusing on operational excellence, and targeting historical working capital improvement levels for free cash flow generation.
Opportunities lie in leveraging e-coat on EV battery components, capitalizing on China's growth, and driving execution efficiency through operational and supply chain improvements.

Axalta Coating Systems beats Q1 expectations, eyes margin recovery

Axalta Coating Systems delivered a robust Q1 performance, exceeding expectations with strong financial metrics and margin improvements.
Despite challenges like one-time costs and operational disruptions, Axalta's focus on cost optimization and margin recovery presents growth opportunities.
Strategic investments, strong balance sheet, and market outperformance position Axalta well for future expansion and margin recovery throughout the year.
Analyst inquiries and unique cost optimization initiatives highlight a proactive approach to driving performance and achieving deleveraging targets by year-end.

Axalta Coating Systems reports improved Q2 performance amidst operational challenges

Axalta Coating Systems showcased resilience in Q2 2023, with improved financial performance and strategic initiatives to enhance efficiency and profitability.
Despite challenges from operational issues and market dynamics, the company capitalized on strengths in key business segments and addressed areas for improvement.
Opportunities lie in pricing strategies, technology innovation, and future ERP implementations, positioning Axalta for sustained growth and value creation.
With a focus on driving profitability, resolving operational challenges, and leveraging market demand, Axalta aims for continued success and margin recovery.

Axalta Coating Systems achieves record Q3 sales and eyes global growth

Axalta Coating Systems delivered strong financial performance in Q3 2023, with record net sales and improved margins
Strategic initiatives and acquisitions are driving growth and efficiency improvements across the company
Challenges include potential disruptions in auto builds and the need to address operational bottlenecks
Opportunities lie in stable auto builds, new business wins, and favorable raw material cost outlook

Axalta Coating Systems reports record earnings and outlines growth strategies

Axalta Coating Systems delivered strong financial results in Q4 2023, with record annual adjusted EBITDA and improved net sales.
The company's strategic acquisition, focus on balance sheet strength, and operational efficiency initiatives position it well for future growth.
While facing challenges such as seasonal impacts and muted growth in certain segments, Axalta's opportunities lie in improving profitability and pursuing strategic investments.
Overall, Axalta's performance, strengths, and opportunities indicate a positive outlook for continued financial success and value creation.

Axalta Coating Systems reports record Q1 earnings, eyes growth opportunities

Axalta Coating Systems delivered a strong performance in Q1 2024, with record high adjusted EBITDA and improved balance sheet strength, despite challenges in certain segments.
The company's focus on driving efficiency, productivity, and cost savings through innovative products and initiatives positions it well for future growth and profitability.
Opportunities in growth markets like China and strategic initiatives for margin improvement indicate a positive outlook for Axalta's future performance and shareholder value.
While facing challenges such as soft market conditions and restructuring costs, Axalta's strategic focus on operational improvements and growth opportunities bodes well for its long-term success.

Axalta Coating Systems (AXTA) reports record Q2 performance and eyes growth opportunities

Axalta Coating Systems (AXTA) delivered a strong performance in Q2 2024, achieving record net sales and adjusted EBITDA driven by growth in key segments.
The company's strategic focus on productivity, premium segment expansion, and margin improvement underscores its resilience and growth potential.
While facing challenges in maintaining margins and navigating market uncertainties, Axalta remains well-positioned to capitalize on growth opportunities through M&A and market expansion.
Overall, Axalta's performance highlights its market strength, strategic execution, and potential for sustained growth in the competitive coatings industry.

Axalta Coating Systems achieves record Q3 sales, eyes growth opportunities

Axalta Coating Systems excelled in Q3 2024, demonstrating robust financial performance and growth in key segments.
While facing challenges in certain areas like Mobility Coatings, the company's strengths in Refinish and customer collaborations position it well for future opportunities.
By leveraging its strong performance and addressing challenges effectively, Axalta is poised to capitalize on opportunities for innovation and growth.

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Axalta Coating Systems Ltd. engages in the manufacture, marketing and distribution of coatings systems. It operates through the Performance Coatings and Mobility Coatings segments. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. The Mobility Coatings segment offers coatings technologies to original equipment manufacturers of light and commercial vehicles. The company was founded in 1866 and is headquartered in Philadelphia, PA.

GLEN MILLS, Pa., Nov. 17, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and LP Building Solutions, a leader in high-performance building solutions, recently partnered with The Crayon Initiative and the Jeff Gordon Children's Foundation to donate crayons to children hospitalized at Atrium Health Cabarrus.

Axalta, LP Building Solutions partner with The Crayon Initiative and Jeff Gordon's Children's Foundation to donate crayons to hospitalized children

Axalta Coating Systems Ltd.'s (AXTA) CEO Robert Bryant on Q3 2021 Results - Earnings Call Transcript

Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 18.18% and -0.91%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Axalta Coating Systems (AXTA) Q3 Earnings Surpass Estimates

GLEN MILLS, Pa., Oct. 25, 2021 /PRNewswire/ -- Axalta Coating Systems Ltd.

Axalta Releases Third Quarter 2021 Results

GLEN MILLS, Pa., Oct. 21, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today introduced Wood Vibes: Blossom, the 2022 edition of its Industrial Wood Coatings color trends campaign, which focuses on home interior color trends, including wood finishing trends.

Axalta introduces annual wood color collection, Wood Vibes: Blossom

GLEN MILLS, Pa., Oct. 19, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today unveiled a brand-new paint scheme for Hendrick Motorsports' iconic No.

Axalta unveils fresh paint scheme for Hendrick Motorsports' No. 24 car to showcase new brand RAPTOR®

GLEN MILLS, Pa., Oct. 15, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its third quarter 2021 financial results after the close of trading on Monday, October 25.

Axalta schedules third quarter 2021 earnings conference call

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Axalta's (AXTA) Imron Industrial HPU DTM primer showcases the added value and diversification of its Imron Industrial portfolio.

Axalta (AXTA) Launches Imron HPU DTM Primer, Boosts Portfolio

GLEN MILLS, Pa., Oct. 7, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced the launch of Imron Industrial high-performance urethane (HPU) direct-to-metal (DTM) primer, an innovative primer to support the agriculture, construction, and earthmoving equipment (ACE) market segments.

Axalta expands Imron® Industrial portfolio with a new high-performance urethane DTM primer

Axalta posted an excellent performance in the first half of the year, but has pulled its full-year guidance in September. Pulling the guidance appears to be related to a lack of visibility and we'll likely hear more details when the Q3 results will be published.

Axalta Pulls Its Full-Year Guidance But I'm Still Optimistic

Axalta (AXTA) anticipates adjusted EBIT in the $130-140 million range. It expects net sales to decline roughly $40 million compared with earlier-announced volume levels.

Axalta (AXTA) Updates View on Supply Chain & Input Constraints

GLEN MILLS, Pa., Sept. 23, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced the winners of its first-annual Bright Futures Scholarship Program.

Axalta announces recipients of inaugural Bright Futures Scholarships

GLEN MILLS, Pa., Sept. 20, 2021 /PRNewswire/ -- Axalta Coating Systems Ltd.

Axalta Updates Financial Guidance to Reflect Ongoing Impacts of Customer Supply Chain Shortages and Raw Material and Logistics Constraints

SHANGHAI, Sept. 16, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, broke ground for construction of a state-of-the-art coatings facility in Jilin City, Jilin Province, North China.

Axalta Mobility breaks ground on new coatings facility in Northern China

GLEN MILLS, Pa., Sept. 15, 2021 /PRNewswire/ -- Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced that it has successfully completed the previously announced acquisition of U-POL Holdings Limited ("U-POL").

Axalta Completes Acquisition of U-POL

Axalta (AXTA) will also unveil its new Plascoat thermoplastic powder that prevents corrosion, dielectric, stone chip and fire in a single layer of coating.

Axalta (AXTA) to Display Coatings at the Novi Battery Show

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GLEN MILLS, Pa., Sept. 7, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will unveil a portfolio of coatings that enhance the performance, durability, safety and cost of electric vehicle (EV) batteries and motors at The Battery Show North America, September 14 -16 in Novi, MI.

Axalta to showcase coatings for electric vehicle batteries and motors at the Novi Battery Show

PHILADELPHIA, Aug. 30, 2021 /PRNewswire/ -- Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced that Mark Garrett has stepped down as a member and Chair of its Board of Directors, effective August 26, 2021, due to his increasing professional commitments in Europe. The Board has appointed William M.

Axalta Announces Board Changes

SÃO PAULO, Aug. 23, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named Best Supplier by CAOA Chery in Brazil. This award is Axalta's second win in as many years.

Axalta receives Best Supplier Award CAOA Chery in Brazil

Warren Buffett's Berkshire Hathaway exited its investment in Axalta Coating Systems, ending speculation for now for a combination with Benjamin Moore.

Warren Buffett's Berkshire Hathaway Sold Its Entire Axalta Stake

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Buffett's Berkshire pares drug holdings, sheds Axalta, Biogen

PHILADELPHIA, Aug. 4, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently announced Dr. Carmen Flosbach and Dr. Michael Koerner have been elevated to Axalta Fellow. Axalta Fellow is the highest honor that a scientist or engineer can earn within Axalta's Technology function.

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