Strong Financial Performance: PPG reported net sales of $4.2 billion for Q2 2025, achieving a 2% increase in organic sales. Key growth drivers included Aerospace Coatings, Protective & Marine Coatings, and Packaging Coatings. Adjusted earnings per diluted share stood at $2.22, reflecting resilience amidst a dynamic macro environment.
Segment Challenges and Opportunities: The Architectural Coatings segment experienced soft volumes, particularly in Europe and project-related spending in Mexico. However, improvements in retail and project work are anticipated for the latter half of 2025. Margins faced pressure from lower sales volumes, divestitures, and currency translation impacts, but strong cost-control measures are expected to offset some of these effects.
Future Growth and Share Gains: PPG anticipates high single-digit to low double-digit earnings growth in the second half of 2025, leveraging newly gained market shares in Industrial Coatings estimated at $100 million annually. Performance Coatings segment is expected to maintain strong growth momentum, particularly in Aerospace and Protective & Marine segments.