PPG, Xuanwei and other paint giants in 2016 performance geometry?

For most tussing companies, 2016 has been a thrilling one. However, the next 2017,
coatings
industry situation is likely to be more severe. On the one hand, the continuation of real estate regulation and control policies will lead to a decrease in the heat of the property market, paint market more saturation, on the other hand, the constraints of various environmental protection policies, transformation and upgrading into an inevitable trend, industry polarization will become more serious, the stronger, the weaker the weaker. The most obvious manifestation of this phenomenon is that the sales of large foreign-fundedcoating enterprises continue to rise, while a large part of the domestic small and medium-sized coating enterprises are in danger of being banned. As the Chinese New Year approaches, PPG, Xuanwei and Tiger's three paint giants have all reported positive results for 2016.Xuanwei's 2016 sales of $11.86 billion completed within 90 days of the acquisition of Wesper
On January 26, 2017, Sherwin-Williams announced its 2016 financial results, with full-year net sales of $11.86 billion, up 4.6% YoY;growth in sales was driven by an overall
sales
its new paint and store business units. The report showed that the paint shop group's net sales rose 8.1 percent year-on-year to $7.79 billion and 9.8 percent year-on-year to $1.84 billion in the fourth quarter. In addition, the Consumer Goods Group increased net sales by 0.4% year-on-year to $1.58 billion as a result of increased sales to the majority of the Group's retail customers, and increased by 0.4% year-on-year to $315.9 million in the fourth quarter, partially offset by adverse currency exchange rate changes. Global surface treatment group net sales fell 1.4% year-on-year to $1.89 billion. Latin American Coatings Group's paint sales fell due to adverse currency exchange rate changes, with net sales down 7.0 per cent year-on-year to $586.9 million, partially offset by higher sales prices.G. Morikis, chairman and chief executive of Xuanwei, said Xuanwei expects to negotiate a divestiture within 90 days and close the Valspar deal at $113 per common share. In addition, Xuanwei expects full-year 2017 net sales to increase by 1 percent compared to the whole of 2016.
coatings giant PPG reported full-year 2016 net sales of $14.751 billion, essentially the same as the previous year
Compared with sales revenue from the European fiberglass business, sales increased by nearly 1%, compared with the previous year, sales revenue increased by nearly 1%.2016 sales of PPG's high-performance coatings business,
's industrial coatings
business and glass business were $8,580 million, $5,690 million and $48 million, respectively, according to the company's results. $100 million, for a total of $14,751 million, and revenues from the three major operations were $1,314 million, $1,042 million and $53 million, respectively, for a total of $2,409 million. Of this total, paint sales amounted to $14.27 billion.
H. McGarry, chairman and chief executive of PPG, said PPG's full-year adjusted diluted earnings per share rose nearly 7 per cent, despite slow global economic growth and mixed performance between regions, combined with very negative exchange rate effects. In addition, PPG has completed a series of strategic initiatives to strengthen the company's competitiveness, including continuous optimization of its portfolio through several acquisitions and divestitures, and fully funded the Corning Asbestos Trust in Pittsburgh to further reduce the business risks left over from history. In addition, PPG has an annualized charge for most of its pension liabilities in the United States and Canada. Furthermore, PPG continues to invest in new product development and increase research and development spending to drive organic growth in the business.
Tiger
Coatings
sales of EUR 305 million in 2016 increased by 2.7% YoY
Austrian paint maker Tiger Coatings announced that its revenue for 2016 increased by 2.7% YoY to EUR 305 million. In the same period in 2015, the company's sales amounted to approximately EUR 297 million.
, a leader in the surface treatment industry, was founded in Austria in 1930 and has focused on innovative coating solutions for more than 80 years. There are 10 ISO-compliant factories worldwide and more than 50 branches around the world. With 3 leading research and development centers in Europe, Asia and North America. In 2000 officially entered the Chinese market, currently in Jiangsu Taicang, Guangdong Fukuoka, Sichuan Xinjin has a production base.
's products are mainly
powder coatings
, the application market includes construction, automotive, furniture, home appliances, wood and other fields.
July 2016, July 2016, The U.S. Coatings World Magazine (July 2016) released its 2016 Sales Rankings of the World's Top Paint Manufacturers (2016 Top Companies), with the U.S. PPG at 142 At the top of the list with $400 million in sales, Akzo Nobel came in second with $10.925 billion, with U.S. Xuanwei in third place with $10.24 billion in sales and Tiger Paint in 46th place. Xuanwei's acquisition of Westerbo may reach $15 billion in 2017, when the top companies will be PPG or Xuanwei, everything is unknown, can only wait and see.
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