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MarketScreener Homepage  >  Equities  >  Nyse  >  Axalta Coating Systems Ltd    AXTA   BMG0750C1082

AXALTA COATING SYSTEMS LTD (AXTA)
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Axalta Coating : to Showcase its Corrosion Protection Portfolio to New Markets

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11/10/2017 | 06:01pm CEST

Axalta Coating Systems (NYSE: AXTA) has spent the last few years reinforcing its expansive portfolio of liquid, powder, and thermoplastic corrosion protection products to appeal to new customers and new markets. Products include top brands like Nap-Gard® for use on external and internal oil and gas pipelines, Abcite® for water pipelines and off-shore platforms, and newly acquired, renowned brands such as Corroless and Acothane products for steel structures and Plascoat thermoplastic products, in addition to other popular brands.

“We’ve been working diligently at positioning ourselves as a global leader in corrosion protection by developing a well-rounded portfolio with the ability to solve the most complex customer needs in the harshest environments,” said Michael Cash, President of Industrial Coatings at Axalta. “We look forward to sharing our innovative portfolio with new regions to benefit their businesses.”

Axalta will exhibit this portfolio at its first show in the Middle East and North Africa region on November 13-16 at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) at the Abu Dhabi National Exhibition Centre.

“ADIPEC is the largest oil and gas exhibition in the entire Middle East and Africa region, so it is a great platform for us to demonstrate how Axalta’s new products and services can keep these global customers competitive and at the cutting edge of corrosion protection technology,” added Sobers Sethi, President, Emerging Markets.

For more information about the Axalta products exhibited at ADIPEC, visit Stand 13444 in Hall 13 or axaltacs.com/ADIPEC.

About Axalta Coating Systems

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With more than 150 years of experience in the coatings industry, the approximately 13,300 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.com and follow us @Axalta on Twitter and on LinkedIn.


© Business Wire 2017
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Financials ($)
Sales 2018 4 743 M
EBIT 2018 576 M
Net income 2018 305 M
Debt 2018 2 958 M
Yield 2018 -
P/E ratio 2018 20,74
P/E ratio 2019 17,69
EV / Sales 2018 1,92x
EV / Sales 2019 1,78x
Capitalization 6 152 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 33,2 $
Spread / Average Target 29%
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Managers
NameTitle
Robert W. Bryant Executive VP, Chief Executive & Financial Officer
Charles W. Shaver Chairman
Barry S. Snyder Chief Technology Officer & Senior Vice President
Aaron Weis Chief Information Officer & Senior Vice President
Robert M. McLaughlin Independent Director
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