The Pittsburgh, Pennsylvania-based firm reported an adjusted profit of $1.53 per share for the quarter ended Dec. 31, compared with the average analyst estimate of $1.50, according to LSEG data. PPG also forecast adjusted profit to be in the range of $8.34 to $8.59 per share for 2024, higher than the $7.67 reported for 2023. Net sales in PPG's industrial coatings segment rose to $1.74 billion in the quarter from $1.70 billion a year earlier, helped by higher selling prices and sales volumes in the automotive OEM segment, along with strong performance in the Asia-Pacific region and Mexico.
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National Oil Companies (NOCs), International Oil Companies (IOCs), Technology Vendors, Energy Service providers and Universities in support of steel quality will take part in the Third Annual Gulf Steel Show Conference & Exhibition (GSS).
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