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PPG - PPG Industries: Very Robust Results In Q1 Set The Tone For 2021
April, 23 2021 09:31 AM
PPG Industries Inc.
PPG Industries saw its operating and free cash flow increase by high double-digit numbers in Q1 2021. PPG continues to pursue M&A: it completed the acquisition of VersaFlex and is now pursuing Tikkurila in a 1.5B EUR deal. The balance sheet should be able to easily absorb both deals. PPG Industries isn't cheap at current levels, but the strong execution of the management team commands a small premium. For further details see:
PPG Industries: Very Robust Results In Q1 Set The Tone For 2021
Stock Information
Company Name:
PPG Industries Inc.
Stock Symbol:
PPG
Market:
NYSE
Website:
ppg.com
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