Articles Tagged with ''quarterly reports''

Despite a difficult first quarter, the company has confirmed an earnings forecast at the lower end of the range for the year. 

The company’s performance summary includes revenue of US$4B, an increase of 3% quarter-over-quarter, and a decline of 9% year-over-year.

PPG has reported financial results for its third quarter 2022. Supply chain disruptions continued to moderate during the quarter, albeit with some remaining challenges. The company also reported the projections for the fourth quarter 2022 based on current global economic activity.

Akzo Nobel has published results for its Q3 2022. The company’s revenue is up 19% due to strong pricing, despite increased macro-economic headwinds impacting results.

"Our businesses skillfully navigated supply chain tightness, cost inflation, macroeconomic challenges, and foreign exchange headwinds to expand margins and deliver record first-quarter financial results,"  said RPM chairman and CEO Frank C. Sullivan.

AkzoNobel provides a Q3 update as high macroeconomic uncertainty – especially in Europe and China – led to near historical low consumer confidence.