PPG Industries (PPG) earnings call transcripts

Management framed accelerating organic growth, faster price recovery, and refinish normalization as drivers of stronger second-half execution despite inflation and mixed demand.

Management framed 2026 as a pricing, mix and execution year, with aerospace, Mexico, refinish recovery and share gains offsetting macro costs.

The call framed 2026 growth as share- and technology-led despite unchanged macro conditions, with first-half refinish pressure delaying earnings acceleration.

Management framed momentum and share gains as intact, while extending refinish weakness and 2026 macro challenges beyond previous expectations.

Management framed second-half acceleration as share-gain-led, with aerospace and protective-and-marine offsetting weaker architectural and refinished demand.