FILING ANALYSIS · THURSDAY, OCTOBER 29
Axalta Coating Systems Ltd. AXTA — 8-K: Results of Operations and Financial Condition
neutral
Axalta reported Q3 net sales of $1.3 billion, up 2% year over year, with record quarterly net sales in Mobility Coatings, but net income decreased by $15 million year over year to $95 million due to merger and acquisition-related expenses. Adjusted EBITDA margin was 21.5%, down from 22.1% in the prior-year period.
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