Q4 & FY 2018 Financial Results
Q4 Consolidated Results
($ in million)
Performance
Transportation
Net Sales
Net Income (loss)
$1,165
Financial Performance
(1)
PROPRIETARY
2018
(2.1)%
758
401
1,158
75
Q4
4.4%
Q4 2017 Volume Price
2017
(62)
Adjusted EBITDA
235
245
(1) Represents Net Income (loss) attributable to controlling interests
732
433
1,165
Net Sales Variance
(3.3)%
FX
% Change
Incl. FX
3.4 %
(7.4)%
(0.6)%
(4.3)%
0.4%
Excl. FX
6.4 %
(3.7)%
2.7%
(0.6)%
$1,158
Acq. Q4 2018
5
Commentary
Low single-digit ex-FX net sales growth
driven by solid price-mix gains
Continued price momentum in Refinish
and Industrial; Light Vehicle pricing
beginning to see early evidence of
improvement with more expected in
2019
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■
A
AXALTAⓇ
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Modest benefits from acquisitions
Volume declines in Transportation and
Refinish offset partly by ongoing
Industrial growth
Unfavorable currency impact driven by
Euro and emerging markets currencies
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