PPG Industries, Inc. Second Quarter 2012 Financial Results

Second Quarter Financial Recap
PPG delivered sales of $4.0 billion in the second quarter 2012. Versus the prior year, sales declined 5 percent due to negative currency translation; however, sales in local currencies improved by 4 percent, including 2 percent higher pricing and a 2 percent sales increase from acquisitions held less than one year. The large negative currency impact was primarily due to a weakening Euro and weakness in Latin American currencies.

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