Q2 2016 Financial Results slide image

Q2 2016 Financial Results

Q2 Performance Coatings Results ($ in millions) Refinish Industrial Net Sales Financial Performance Adjusted EBITDA % margin $639 +5.9% Q2 AXALTA COATING SYSTEMS 2016 2015 449 183 632 157 162 24.9% 25.4% Net Sales Variance +1.9% Q2 2015 Volume Price % Change Incl. F/X Excl. F/X 460 179 639 (1.0%) (3.0%) (2.5%) 9.3% 2.6% 3.7% 7.8% (8.8%) (1.0%) $632 FX Q2 2016 5 Commentary Solid net sales led by Refinish volumes A AXALTA Strong volume growth in Refinish across all regions; Industrial growth driven by EMEA. and Asia Pacific Price increases in Refinish in most regions ▪ 8.8% unfavorable currency impact principally from Latin America I Adjusted EBITDA margin remains very strong Adjusted EBITDA margin slightly below Q2 2015 but remains strong, benefiting from increased volumes, favorable price realization, and some ongoing variable margin benefits, offset by currency translation impact and increased operating expense to support growth
View entire presentation