reports
Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leadin...
Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leading Women in North American Auto Industry PHILADELPHIA, May 20, 2025 (GLOBE NEWSWIRE) -- (AXTA), a leading global coatings company, announced today that Dr. Lei Qiao, Vice President of Technology, Mobility, has been named as one of the 100 Leading Women in the North American Auto Industry by Automotive News. The award recognizes exceptional female leaders in the automotive field who make major decisions with significant impact at their companies. Dr. Qiao currently leads the Mobility technology team and is based at Axal...
Axalta Releases First Quarter 2025 Results
Axalta Releases First Quarter 2025 Results PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: First quarter net sales of $1.26 billionNet income increased 154% year over year to $99 million; net income margin of 7.8%Record first quarter Adjusted EBITDA of $270 million, an increase of 4% year over yearAdjusted EBITDA margin improved 140 basis points year over year to 21.4%Diluted EPS increased 150% to...
Axalta Wins 2025 Automotive News PACE Pilot Award
Axalta Wins 2025 Automotive News PACE Pilot Award Axalta NextJet™ automotive digital paint technology named Innovation to Watch PHILADELPHIA, April 16, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced today that the digital paint technology Axalta NextJet™ was named a 2025 Automotive News PACE Pilot Innovation to Watch. The recognition honors pre-commercial innovations in the automotive and future mobility space. is a next-generation, sustainable digital paint technology for the automotive industry. This advancement allows for precis...
Axalta Schedules First Quarter 2025 Earnings Conference Call
Axalta Schedules First Quarter 2025 Earnings Conference Call PHILADELPHIA, April 09, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its first quarter 2025 financial results at 6 a.m. ET on Wednesday, May 7. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on May 7. 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 the period...
Axalta Takes Home Two Prestigious Edison Awards™
Axalta Takes Home Two Prestigious Edison Awards™ Axalta Irus Scan™ and MyColor recognized among most innovative new products in the world PHILADELPHIA, April 07, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced that it has won two 2025 Edison Awards™. won Silver in the Automotive Materials category and won Bronze in the Automotive Materials category. This is the seventh consecutive year that Axalta has earned coveted Edison Awards which honor market-leading innovations of new products and services. “Innovation is core to what we d...
Axalta Releases Fourth Quarter and Full Year 2024 Results
Axalta Releases Fourth Quarter and Full Year 2024 Results PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights Record fourth quarter net sales of $1.3 billionNet income increased 85% year over year to $137 million, with net income margins of 10.5%, a year over year improvement of 480 basis pointsRecord fourth quarter Adjusted EBITDA of $275 millionAdjusted EBITDA margin improved 170 ...
Axalta Wins a 2025 BIG Innovation Award
Axalta Wins a 2025 BIG Innovation Award Voltatex® 8537PF improves the reliability and efficiency of electric vehicles PHILADELPHIA, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, today announced that its Voltatex® 8537PF won the presented by the Business Intelligence Group (BIG). The annual business awards program recognizes organizations, products and people that bring new ideas to life in innovative ways. “Innovation is at the core of what we do and receiving this BIG Innovation Award yet again is a testament to this.” said ...
Axalta Appoints Tim Bowes as President, Global Industrial Coatings
Axalta Appoints Tim Bowes as President, Global Industrial Coatings PHILADELPHIA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Tim Bowes has been appointed President, Global Industrial Coatings, effective January 27, 2025. Mr. Bowes will succeed Shelley Bausch who will be stepping down from her role. Most recently, Mr. Bowes served as Axalta’s Senior Vice President and Chief Transformation Officer. Prior to joining Axalta, he served as Senior Vice President and President of E...
Axalta and Dürr Partner on Automotive Digital Paint Technology
Axalta and Dürr Partner on Automotive Digital Paint Technology Strategic agreement brings together a leading coatings and a leading robotics company PHILADELPHIA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, and Dürr Systems AG, a leading mechanical and plant engineering firm, have entered into a partnership to provide a digital paint solution, combining with Dürr’s robotics integration. Digital paint, also referred to as overspray-free application, is an advanced paint application that allows for precise paint placement. ...
Axalta Announces Launch of Innovative Axalta Fellows Forum
Axalta Announces Launch of Innovative Axalta Fellows Forum Network of Fellows will help identify new technologies and innovations for the continued growth of Axalta PHILADELPHIA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings company, today unveiled the visionary, transformative Axalta Fellows Forum. This elite global network of distinguished Fellows will spearhead the identification and development of cutting-edge technologies and innovations, driving Axalta's continued growth and market leadership. The Fellows Forum will collab...
Axalta Schedules Fourth-Quarter and Full-Year 2024 Earnings Conference...
Axalta Schedules Fourth-Quarter and Full-Year 2024 Earnings Conference Call PHILADELPHIA, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its fourth-quarter and full-year 2024 financial results at 6 a.m. ET on Tuesday, February 4. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on February 4. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's...
Axalta Introduces Evergreen Sprint as 2025 Global Automotive Color of ...
Axalta Introduces Evergreen Sprint as 2025 Global Automotive Color of the Year Newest shade pays homage to the legendary British racing green PHILADELPHIA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, today announced its 2025 Global Automotive Color of the Year – Evergreen Sprint. This marks the 11th year Axalta has introduced its automotive color of the year and the second time it has featured a green shade. Evergreen Sprint is a rich, deep forest green that pays homage to the legendary British racing green, a shade that h...
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...
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...
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...
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...
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...
Axalta Introduces Axalta Nimbus™, an Advanced Cloud-Based Platform for...
Axalta Introduces Axalta Nimbus™, an Advanced Cloud-Based Platform for Refinish Customers, to Improve Productivity and Performance Axalta Nimbus connects all of Axalta’s tools and resources in a single platform helping customers to do business smarter PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivit...
Axalta Introduces Axalta Irus Scan, a Next-Generation Spectrophotomete...
Axalta Introduces Axalta Irus Scan, a Next-Generation Spectrophotometer, for Refinish Customers Innovation helps customers improve productivity, optimize labor, and reduce waste while delivering accurate color matches PHILADELPHIA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Irus Scan, its latest spectrophotometer for refinish customers. This new technology scientifically measures paint color on a vehicle to provide accurate color matches in waterborne and solventborne basecoat technologies. Axalta Irus ...
Axalta Releases Second Quarter 2024 Results
Axalta Releases Second Quarter 2024 Results PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Net sales increased 4.4% year over year to $1.35 billionNet income increased $52 million year over year to $113 millionAdjusted EBITDA increased $64 million year over year to $291 million with Adjusted EBITDA margin improving 400 basis points year over year to 21.5%Diluted EPS increased 89% year over yea...
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