AXALTA COATING SYSTEMS overview

PHILADELPHIA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has won a 2024 R&D 100 Award in the Mechanical and Materials category. Axalta’s Primerless Consolidated Coating System is used in a streamlined, consolidated automotive paint process that delivers superior color capability, especially for glamorous and difficult to create colors. The coating system, together with this consolidated process, provides sustainability and productivity to...

PHILADELPHIA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced that Chris Villavarayan, CEO and President, and Rakesh Sachdev, chair of the board, will commemorate 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE) on Nov. 18, 2024. Axalta’s senior leadership team and employees from the Philadelphia area will also participate in this highly respected and time-honored tradition....

PHILADELPHIA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced its global headquarters at the Philadelphia Navy Yard, marked by a ceremonial ribbon-cutting and an employee appreciation event. This strategic relocation from Delaware County to the Navy Yard integrates the headquarters with Axalta's Global Innovation Center, unifying operations under the ONE Axalta initiative to enhance collaboration and streamline decision-making. “We are...

PHILADELPHIA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Record third quarter net sales of $1.32 billion Net income increased 40% year over year to $102 million; net income margin of 7.7% Record third quarter Adjusted EBITDA of $291 million Adjusted EBITDA margin improved 220 basis points year over year to...

PHILADELPHIA, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its third-quarter 2024 financial results at 6 a.m. ET on Wednesday, October 30. The release and supporting materials will be posted to Axalta’s Investor Relations site . In addition, the company will host a conference call at 8 a.m. ET on October 30. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief...

PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivity, boost performance, and maximize profitability. Axalta Nimbus provides a cohesive, end-to-end experience for customers around the globe. With Axalta...

PHILADELPHIA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Irus Scan, its latest spectrophotometer for refinish customers. This new technology scientifically measures paint color on a vehicle to provide accurate color matches in waterborne and solventborne basecoat technologies. Axalta Irus Scan now joins the simple, three-step Axalta Irus digital color management process as the first step of: Scan – Match –...

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Net sales increased 4.4% year over year to $1.35 billion Net income increased $52 million year over year to $113 million Adjusted EBITDA increased $64 million year over year to $291 million with Adjusted EBITDA margin improving 400 basis points year...