AXTA Axalta Coating Systems Ltd.

Axalta Marks 10 Years as a Public Company by Ringing the Opening Bell® at the New York Stock Exchange on November 18, 2024

Axalta Marks 10 Years as a Public Company by Ringing the Opening Bell® at the New York Stock Exchange on November 18, 2024

PHILADELPHIA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced that Chris Villavarayan, CEO and President, and Rakesh Sachdev, chair of the board, will commemorate 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE) on Nov. 18, 2024. Axalta’s senior leadership team and employees from the Philadelphia area will also participate in this highly respected and time-honored tradition.

“Ringing the bell at the NYSE is a fitting celebration for Axalta at this point in our history,” said Mr. Villavarayan. “The ONE Axalta team has changed the industry with purpose-driven innovation developed for our 100,000 unique and valued customers. We are breaking the boundaries of external color, efficient application and sustainable solutions while simultaneously growing the company, becoming leaner, and delivering record-setting financial results.”

Since the beginning of 2023, the company has increased its market capitalization by 48 percent and is progressing well against its 2026 A Plan financial targets introduced this year, as reported in third quarter earnings.

Live coverage of the ceremony will begin at 9:28 a.m. EST and will be available for streaming at .

About Axalta Coating Systems

Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information, visit  and follow us on  and  on X.



Contact
Chelsea Quilty
267.216.5603
 
Axalta.com
EN
18/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Axalta Coating Systems Ltd.

 PRESS RELEASE

Axalta Wins Another Distinguished R&D 100 Award for Innovation

Axalta Wins Another Distinguished R&D 100 Award for Innovation PHILADELPHIA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has won a 2024 R&D 100 Award in the Mechanical and Materials category. Axalta’s Primerless Consolidated Coating System is used in a streamlined, consolidated automotive paint process that delivers superior color capability, especially for glamorous and difficult to create colors. The coating system, together with this consolidated process, provides sustainability and productivity to automotive paint shops. Many automotive c...

 PRESS RELEASE

Axalta Marks 10 Years as a Public Company by Ringing the Opening Bell®...

Axalta Marks 10 Years as a Public Company by Ringing the Opening Bell® at the New York Stock Exchange on November 18, 2024 PHILADELPHIA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced that Chris Villavarayan, CEO and President, and Rakesh Sachdev, chair of the board, will commemorate 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE) on Nov. 18, 2024. Axalta’s senior leadership team and employees from the Philadelphia area will also participate in this highly respected and time-ho...

 PRESS RELEASE

Axalta Celebrates the Opening of its Global Headquarters in the Philad...

Axalta Celebrates the Opening of its Global Headquarters in the Philadelphia Navy Yard Philadelphia location accelerates ONE Axalta journey PHILADELPHIA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has announced its global headquarters at the Philadelphia Navy Yard, marked by a ceremonial ribbon-cutting and an employee appreciation event. This strategic relocation from Delaware County to the Navy Yard integrates the headquarters with Axalta's Global Innovation Center, unifying operations under the ONE Axalta initiative to enhance collaborati...

 PRESS RELEASE

Axalta Releases Third Quarter 2024 Results

Axalta Releases Third Quarter 2024 Results PHILADELPHIA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Record third quarter net sales of $1.32 billionNet income increased 40% year over year to $102 million; net income margin of 7.7%Record third quarter Adjusted EBITDA of $291 millionAdjusted EBITDA margin improved 220 basis points year over year to 22.1%Diluted EPS increased 39% year over year to $0.46 a...

 PRESS RELEASE

Axalta Schedules Third-Quarter 2024 Earnings Conference Call

Axalta Schedules Third-Quarter 2024 Earnings Conference Call PHILADELPHIA, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its third-quarter 2024 financial results at 6 a.m. ET on Wednesday, October 30. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on October 30. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's financial performance for t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch