Axalta Releases Fourth-Quarter and Full-Year 2015 Results
PHILADELPHIA - Axalta Coating Systems Ltd. announced its financial results for the fourth quarter and full year ended December 31, 2015.
“Axalta finished the year with a strong fourth-quarter performance, highlighted by 4.5 percent net sales growth year-over-year excluding currency and continued margin improvement,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “Our team executed well on our core goal of delivering consistent and profitable growth throughout the quarter and the year despite headwinds from unfavorable currency exchange rates and economic pressures in emerging economies. We are proud of this progress and expect to continue to build on this in 2016.”