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PPG posted a year-over-year decline in revenue and earnings in Q1 2025, driven by unfavorable foreign exchange and divestitures. However, the company saw 1% organic sales growth and executed $400 million in share repurchases, with strong performance in aerospace and protective coatings.
PPG expects Q3 2022 adjusted earnings per diluted share to be between 5% and 7% below the low end of the company's forecasted range. Sales were impacted by softening demand in Europe and lower-than-expected recovery in China. Softer demand conditions are expected to continue into the fourth quarter.