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AI English summary of an SEC filing — figures as filed

PPG Industries logoPPG Industries PPG

PPG said net sales from continuing operations for Q2 2025 were $4,195 million, down 1% from $4,235 million in the prior year. The company said sales volumes increased 1% and selling prices rose 1%, but business divestitures reduced year-over-year sales by 3%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. PPG said net sales from continuing operations for Q2 2025 were $4,195 million, down 1% from $4,235 million in the prior year. The company said sales volumes increased 1% and selling prices rose 1%, but business divestitures reduced year-over-year sales by 3%.

  2. PPG said diluted earnings per share from continuing operations for Q2 were $1.98, down 5% from $2.09 in the prior year, and adjusted EPS were $2.22, down 6% from $2.35. Among adjusted items, acquisition-related amortization expense was $0.11 per share and business restructuring-related costs were $0.07 per share.

  3. PPG said segment EBITDA for Performance Coatings in Q2 was $389 million (+8%), with net sales of $1,512 million (+7%). Global Architectural Coatings segment EBITDA was $187 million (-21%) and Industrial Coatings was $276 million (-12%).

  4. PPG said share repurchases in Q2 totaled approximately $150 million and $540 million year to date, and net debt at quarter end was $5.7 billion. The company reaffirmed its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 Net Sales $4,195 million, Business Divestitures Impact

PPG said net sales from continuing operations for Q2 2025 were $4,195 million, down 1% from $4,235 million in the prior year. The company said sales volumes increased 1% and selling prices rose 1%, but business divestitures reduced year-over-year sales by 3%.

Source · Based on the filing body and exhibits

Q2 EPS and Adjusted EPS and Adjusted Items

PPG said diluted earnings per share from continuing operations for Q2 were $1.98, down 5% from $2.09 in the prior year, and adjusted EPS were $2.22, down 6% from $2.35. Among adjusted items, acquisition-related amortization expense was $0.11 per share and business restructuring-related costs were $0.07 per share.

Source · Based on the filing body and exhibits

Segment EBITDA by Business for Q2

PPG said segment EBITDA for Performance Coatings in Q2 was $389 million (+8%), with net sales of $1,512 million (+7%). Global Architectural Coatings segment EBITDA was $187 million (-21%) and Industrial Coatings was $276 million (-12%).

Source · Based on the filing body and exhibits

Share Repurchases, Net Debt, and Full-Year EPS Guidance

PPG said share repurchases in Q2 totaled approximately $150 million and $540 million year to date, and net debt at quarter end was $5.7 billion. The company reaffirmed its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.