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PPG reacts to inflation with global price increase of 20 %
PPG has announced a global price increase of up to 20 % across its paints, coatings, and specialty products portfolio, citing elevated costs in raw materials, logistics, and energy.
This adjustment comes in response to rising costs throughout the value chain, including raw materials, energy, transportation, and packaging. According to PPG, the increases will be applied on a customer-by-customer basis or as contracts allow, ensuring flexibility in implementation.
The company emphasised that specific product categories, technologies, and regional markets may require higher adjustments to offset the impact of inflation. Additionally, it noted that further price increases could follow if market conditions continue to worsen. PPG stated that these actions are necessary to maintain supply chain continuity and safeguard service levels for its customers.
Earnings growth despite market volatility
In an update on its financial performance, PPG reported preliminary adjusted earnings per share (EPS) of approximately EUR 1.67 for the first quarter of 2026, reflecting a 6 % increase compared to the same period last year. This growth was attributed to organic sales increases, favourable pricing, and strong performance in architectural coatings in Latin America and the aerospace segment.
Looking ahead to the second quarter, PPG expects organic sales and adjusted EPS to remain flat or grow by low single digits compared to the prior year. The company plans to release its full first-quarter financial results on 28 April, followed by an earnings call on 29 April.
