PPG Q2 2026: Net sales $4.5B (+7% YoY), adj EPS $2.23 flat, reaffirms FY guidance $7.70-$8.10

PPG INDUSTRIES INC

Net sales $4.5B (+7% YoY); organic sales +4% with volumes +2% and prices +2%.
Reported EPS $1.96; adjusted EPS $2.23 (flat YoY); reaffirms FY 2026 adj EPS guidance $7.70-$8.10.
Aerospace double-digit organic growth; automotive refinish down double-digit; Industrial Coatings volumes +5%.
Cash from operations $600M YTD (+$220M YoY); share repurchases $75M in Q2, $175M YTD.
Issued CHF320M bonds at 1.22% and 1.66% due 2030/2034; net debt $5.3B, down $415M YoY.

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