PPG Sales Down 8.7% in 2020 - Modern Distribution Management

PPG Sales Down 8.7% in 2020

However, the manufacturer closed the year on a positive note with fourth-quarter sales up 2.3%.

PPG Industries (NYSE: PPG), Pittsburgh, Pennsylvania, reported sales for 2020 of $13.8 billion, down 8.7% year-over-year. Profit for the period was $1.1 billion, down 15.4% from the prior year.

The company reported sales for the fourth quarter of $3.8 billion, up 2.3% from the same period a year ago. Profit decreased 6.8% to $272 million.

Photo courtesy McShane Construction Co.

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