PPG Industries Q2 2022 Earnings Results

PPG Industries presents second quarter 2022 financial results showing net sales growth of 8% year-over-year, driven by selling price increases of 12% despite persistent raw material cost inflation of approximately 20%. The company reported adjusted earnings per diluted share of $1.81, delivered acquisition synergies and cost actions of $30 million, and maintained strong liquidity with approximately $1 billion in cash at quarter-end.