PPG's Fourth-Quarter 2014 Profit Drops on Refinancing, Acquisitions, Sales Grow 6%

SUGAR LAND--January 16, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Paints, coatings and glass producer PPG Industries (NYSE:PPG) (Pittsburgh, Pennsylvania) reported Thursday its fourth-quarter net income fell to $83 million from $254 million a year earlier. PPG said its adjusted net income from continuing operations was $293 million, after excluding debt refinancing charges and costs related to its acquisition of Consorcio Comex (Mexico City, Mexico).

Within this article: Details of PPG Industries fourth-quarter earnings results and projects, including the construction of a coatings plant in Russia.