Axalta Reports First Quarter Sales of $1.26 Billion - CollisionWeek

Axalta sees Q1 year-over-year sales decrease and expects tariff impact of $25 million this year

Axalta reported to investors Wednesday that its Q1 net sales decreased 3% year-over-year (YoY) to $1.26 billion, including a 2% decline in Refinish to $511 million, as the company expects tariffs will cost $25 million by year-end and $50 million annually. During the earnings call, President and CEO Chris Villavarayan said the company is continuing the second year of its plan to improve safety metrics, optimize its supply chain, and open more sho…

Axalta Reports First Quarter Sales of $1.26 Billion - CollisionWeek

Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales decreased 3% year-over-year to $1.26 billion in the first quarter of 2025, inclusive of a 3% headwind from foreign currency translation. Contributions from the CoverFlexx acquisition and favorable price-mix were offset by volume declines primarily in Performance Coatings. Net income increased by 154% year over year to …