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steadybase-$ person Michael McGarry
nameMichael McGarry
roleCEO
company PPG Industries Inc. PPG
linkedin none on file
contactnot published
filingsnone on file
quotes
Also, our global automotive refinish, traffic solutions, and U.S. packaging coatings businesses each set all-time quarterly sales records in the quarter. Year-to-date, our automotive refinish coatings business has delivered about 1,500 net new body shop wins as customers continue to value the product, technology, and industry-leading services and capabilities that this business delivers every day. In addition, our aerospace business delivered strong double-digit percentage sales growth, volume growth, aided by recovering airline travel that is now about 85% of pre-pandemic levels.

Oct 20, 2022 / CEO / receipt, needs a key / Michael McGarry, CEO | earnings call 2022-10-20 | transcript c1293974-fae6-4017-b93c-1c793eb062ed | chars 4445-5032 | segment 4

Also, our aerospace packaging Business continues to benefit from year-over-year improvements in domestic travel in various countries, resulting in higher aftermarket demand, and we expect further aftermarket and OEM growth as the industry demand remains well below pre-pandemic levels.

Jul 22, 2022 / CEO / receipt, needs a key / Michael McGarry, CEO | earnings call 2022-07-22 | transcript 11dffe66-9299-41ac-8d2e-725cde0274ba | chars 4099-4384 | segment 4

The higher margins were achieved with about 30% of our businesses continued to face significant demand headwinds, most notably the automotive refinish and aerospace coatings businesses as the pandemic continues to impact areas of travel and mobility.

Jan 22, 2021 / CEO / receipt, needs a key / Michael McGarry, CEO | earnings call 2021-01-22 | transcript 54114ac0-5943-4a30-b0b5-b8c7a4b8472b | chars 4122-4372 | segment 4

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