Q4 & FY 2018 Financial Results slide image

Q4 & FY 2018 Financial Results

Q4 & Full Year 2018 Highlights ■ Q4 2018 financial results Net sales of $1,158 million down 0.6% YoY; growth of 2.7% ex-FX driven by price and mix improvement ■ ■ ■ ■ FY 2018 financial results Net sales of $4,670 million up 7.3% YoY; 6.7% ex-FX impact, driven by acquisition contribution and price and mix benefits ■ ■ Net income (attributable to Axalta) of $75 million vs. a loss of $62 million in Q4 2017; Adjusted net income of $80 million vs. $90 million in Q4 2017 Adjusted EBITDA of $235 million, a 4.3% decline vs. $245 million in Q4 2017 Net income (attributable to Axalta) of $207 million vs. $37 million in 2017; Adjusted net income of $310 million vs. $294 million in 2017 A AXALTAⓇ Increase due to the absence of restructuring charges, Venezuela deconsolidation and US tax reform impacts in the prior year Adjusted EBITDA of $937 million, 5.9% growth vs. $885 million in 2017 PROPRIETARY I ■ Adjusted EBITDA near the low end of original range provided in February 2018, including incremental FX headwinds and higher inflation than planned 3 AXALTA COATING SYSTEMS
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