Free press releases distribution network?

Agency / Source: PPG Industries, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Navikas Discusses PPG Business, Financial Performance At Citi Basic Materials Symposium - PPG Industries Senior Vice President, Finance and Chief Financial Officer David B. Navikas yesterday discussed PPG’s business and financial performance at the 2012 Citi Basic Materials Symposium in New York City (NYSE: PPG) - PPG.com
Navikas Discusses PPG Business, Financial Performance At Citi Basic Materials Symposium

 

PRZOOM - /newswire/ - Pittsburgh, PA, United States, 2012/11/28 - PPG Industries Senior Vice President, Finance and Chief Financial Officer David B. Navikas yesterday discussed PPG’s business and financial performance at the 2012 Citi Basic Materials Symposium in New York City (NYSE: PPG) - PPG.com. NYSE: PPG

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

PPG Industries Senior Vice President, Finance and Chief Financial Officer David B. Navikas yesterday discussed PPG’s business and financial performance at the 2012 Citi Basic Materials Symposium in New York City.

Navikas covered topics such as the transformation of PPG’s business portfolio; growth of PPG’s coatings and specialty materials businesses; acquisitions; growth in emerging regions; separation of PPG’s commodity chemicals business, and its merger with Georgia Gulf Corp.; and PPG’s strong “footprint” in the global coatings industry. He also participated in a question-and-answer session.

Following are excerpts from the presentation:

“We are in the midst of a portfolio transformation ... We’ve taken a series of strategic actions to move our overall portfolio away from a diversified, more commodity-oriented industrial company toward a much more focused coatings and specialty materials company. The strategic actions have included about 50 acquisitions over that time period, mainly in the coating space.”

“As a result of those strategic actions, our coatings and specialty materials businesses have more than doubled in the time period from ’01 to 2011. And they’ve grown significantly as a percentage of our total portfolio, and now those businesses that are our core focus represent 80 percent of our sales.”

“PPG has one of the strongest global footprints in the coatings industry and is the only major coatings company to have a position in each of the major coatings end markets. As a matter of fact, PPG has the No. 1 or No. 2 position in all markets globally with the exception of architectural, where we have a No. 3 position.”

“We also have an excellent global footprint with about one-third of our sales currently in the U.S. and Canada, one-third in Europe, and one-third in the emerging regions of the world. This ... provides us with the opportunity to pursue the best growth prospects around the world.”

“PPG is a margin leader among the major global coatings companies. This is a sustainable advantage, due in part to our strong market positions in the special-purpose coatings end-use markets such as aerospace, automotive OEM (original equipment manufacturer) and refinish, which in the spectrum of margin performances are at the high end of the overall global coatings portfolio. These are the markets which value technology and innovation and typically have higher barriers to entry.”

“Our improved coatings earnings performance is one of the major factors in the record financial performance that we have delivered coming out of the recession, as we have posted nine consecutive quarterly adjusted earnings per share records.”

Visit the Investor Center section of PPG’s website for a webcast replay of Navikas' presentation.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: PPG Industries, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Navikas Discusses PPG Business, Financial Performance At Citi Basic Materials Symposium

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
PPG |
Contact: Press Office - PPG.com 
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PPG Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From PPG Industries, Inc. / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today