The 2020 Mid-Year Economic Update_long

PPG Sales Up 9% in 2Q

Profit decreased 25.2 percent year-over-year.

PPG Industries (NYSE: PPG), Pittsburgh, PA, reported sales for the second quarter of $4.1 billion, up 9 percent from the same period a year ago. In local currencies, sales increased 6 percent. Profit decreased 25.2 percent to $375 million.

For the first six months, sales were $7.9 billion, up 8.5 percent year-over-year. Profit for the period was $705 million, down 15.4 percent from the prior year.

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