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press-releases

Press Releases

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Axalta to Host Capital Markets Day on March 8 February 20, 2018
Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, will host a Capital Markets Day on March 8, 2018 in New York City. The focus of the event will be a broad overview of Axalta’s business, our growth strategies, and investment thesis. Axalta’s senior management from each of our end-markets will be present to discuss our business and plans for building shareholder value in both the short- and long-term. A live webcast of the event will be available online at http://axalta.com/investors. The event will begin at 9:00 AM EST and will conclude at 12:30 PM EST. Axalta Capital Markets Day Schedule: 9:00 a.m. – Introduction & Agenda 9:05 a.m. – Charlie Shaver, Chairman and Chief Executive Officer 9:40 a.m. – Robert Bryant, Executive Vice President & Chief Financial Officer 10:05 a.m. – Joe McDougall, Executive Vice President & President, Global Refinish and EMEA 10:50 a.m. – Michael Cash, Senior Vice President and President, Industrial Coatings...
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2018 Winter Olympic Athletes Will Sport Axalta Coatings February 9, 2018
With the 2018 Winter Olympics starting today and running through February 25 , Axalta Coating Systems (NYSE: AXTA) has worked diligently behind the scenes to provide coatings that are designed to protect and beautify ski equipment at the international multi-sport event in Pyeongchang County, South Korea . This is not the first time Axalta’s coatings have proved themselves at a global sporting event. Last year, many of the skiers at the “Alpine World Ski Championship 2017” in Sankt Moritz, Switzerland had one thing in common – they raced on skis coated with Axalta’s high performing coating materials. In fact, eight of the ten gold medal recipients won wearing skis coated by Axalta. Axalta’s Stollpox, Aquapox, Cellonit and Aquacryl Special Primer, Printing Paint, and Clearcoats in solventborne and waterborne formulations have continued to make a name for themselves in the sporting goods market with major ski manufacturers including Atomic. “Axalta has a long track record of painting...
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Axalta Releases Fourth Quarter and Full Year 2017 Results February 6, 2018
Fourth Quarter 2017 Highlights: Net sales of $1,164.8 million, up 13.4% as-reported and 9.9% on a constant currency basis versus Q4 2016, including 8.6% from acquisition contribution Net loss driven by U.S. tax reform impacts, severance charges and acquisition-related costs Adjusted EBITDA growth largely driven by acquisition contribution and incremental productivity savings, offset partly by higher raw material prices Operating cash flow of $233.6 million in Q4 versus $228.0 million in Q4 2016; free cash flow of $195.8 million in Q4 versus $187.1 million in Q4 2016 Full Year 2017 Highlights: Net sales of $4,352.9 million, up 7.0% versus 2016, largely driven by acquisition contribution Net income muted by impacts of U.S. tax reform, Venezuela deconsolidation, severance charges and acquisition-related costs Slightly lower Adjusted EBITDA due to moderate pricing pressure in Transportation Coatings, lower volumes in Performance Coatings, raw material inflation and natural disasters...
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Axalta Schedules Fourth Quarter and Full Year 2017 Results Conference Call January 18, 2018
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its fourth quarter and full year 2017 financial results at 8:00 a.m. ET on Tuesday, February 6, 2018 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the periods. A live webcast of the conference call will be available online at www.axalta.com/investorcall . The U.S. dial-in phone number for the conference call is 877-407-0784 and the international dial-in number is +1-201-689-8560. For those unable to participate, a replay of the call will be available through February 13, 2018 . The U.S. replay dial-in number is 844-512-2921 and the international replay dial-in number is +1-412-317-6671. The replay passcode is 1367 5328. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful,...
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Axalta Apps Bring Information, Speed, Efficiency and Accuracy to Users Fingertips January 16, 2018
General Industrial Product System Selector App Analyses User Inputs to Recommend Best Coatings Solution China OEM and Refinish Digital Color App Boosts Productivity with On-demand Library of more than Four Million Color Formulas Snap a Picture, Get a Color Match with the North America Industrial Color Matching App for Liquid and Powder Coatings Axalta Coating Systems (NYSE: AXTA) is pleased to announce the launch of two new apps and a new feature to an existing app that are designed to help customers complete tasks more quickly and accurately, while making vital information that impacts business decisions more accessible. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180116006161/en/ Axalta's new apps and a new feature to an existing app are designed to help customers complete tasks more quickly and accurately, while making vital information that impacts business decisions more accessible. (Photo: Axalta) Axalta’s new...
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Axalta Unveils Modern and Tech-savvy StarLite as its Automotive Color of the Year 2018 January 11, 2018
Bright and Sparkling are Top Trends of Today’s Vehicles Axalta Coating Systems (NYSE: AXTA) today announced the release of StarLite, its 2018 Automotive Color of the Year. StarLite is a modern, technology-savvy, premium color for vehicles of today and tomorrow. Borne from Axalta’s ChromaDyne™ line of color coats developed for automotive OEMs, StarLite is a light and reflective hue that uses Axalta’s tri-coat process which is formulated with synthetic pearl flakes to create an eye catching pearlescent effect. It is a sophisticated color that is designed to look great on all vehicle sizes while also providing functional benefits. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180111005865/en/ Axalta Coating Systems reveals its 2018 Automotive Color of the Year, StarLite. (Photo: Axalta) “From a popularity perspective, there will never be a better year to highlight StarLite as an automotive pacesetter,” said Nancy Lockhart ,...
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Axalta Offers New Fast-Drying Aerosol Topcoats to the Industrial Market January 4, 2018
Axalta Coating Systems (NYSE: AXTA) is pleased to introduce aerosol polyurethane and acrylic topcoats to its portfolio of coating solutions for the industrial, agricultural, and construction equipment markets. With formulas ranging from high performance to economy, the aerosol topcoats provide the industry with a versatile, ready-to-use, spray application for quick touch ups and spot repairs on damaged surfaces. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180104005924/en/ Axalta releases new aerosol topcoats for quick and easy spot repairs on agricultural and construction equipment. (Photo: Axalta) “Our aerosol spray topcoats offer a quick and convenient way for customers to easily perform spot repairs on surfaces such as construction equipment or trailers,” said Eric Kwasnicka, Product Manager, Industrial Coatings. “With one- and two-component qualities and thousands of color options to choose from, these topcoats are...
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Axalta’s 65th Annual Global Automotive 2017 Color Popularity Report Reveals White as Number One Color Choice Worldwide January 3, 2018
Axalta Coating Systems (NYSE: AXTA) today released the findings of its 65th annual Global Automotive Color Popularity Report, which shows white as the worldwide leader in consumer vehicle color choice in 2017, followed by black in second place at 16 percent, and gray and silver tied in third place for the second consecutive year at 11 percent. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180103005751/en/ Axalta’s 65th Annual Global Automotive 2017 Color Popularity Report Reveals White as Number One Color Choice Worldwide (Photo: Axalta) Axalta’s 2017 Color Popularity report also found: Worldwide : Building on white’s number one position, a trend has developed of pearl colors sparkling on luxury vehicles. White pearl hues increased four percent in 2017. Africa : Up three percentage points, gray enters double digits at 11 percent. Asia: White dominates and is the choice on 52 percent of vehicles sold in the region. China has...
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