PPG CEO says company is ready to navigate Trump tariff uncertainty: ‘Our top 30 suppliers for our U.S. businesses, 0 of them are Chinese’

Quick Summary:

PPG reported net sales of $3.68 billion for the quarter, a 4% decline from the year prior, impacted by foreign exchange rates and recent divestitures.

The sale, part of a broader strategic refocus, leaves PPG with a more concentrated portfolio—now 75% of earnings come from its Performance and Industrial Coatings segments.

By contrast, the Industrial Coatings segment posted an 8% revenue drop, to $1.56 billion, as global auto production softened.

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Article Details

Author / Journalist: Ian Mount

Category: EconomyBusiness

Markets: United States

Topics: Fortune 500 Companies Tariffs and trade Quarterly results Earnings Tariffs PPG Industries

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 15:00:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 704 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 141 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28322160

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Official Website: fortune.com

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