AXALTA COATING SYSTEMS LTD. (NYSE:AXTA) Files An 8-K Results of Operations and Financial Condition

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AXALTA COATING SYSTEMS LTD. (NYSE:AXTA) Files An 8-K Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition.

On April 26, 2017, Axalta Coating Systems Ltd. (Axalta) issued a
press release and posted an earnings call presentation to its
website reporting its financial results for the first quarter
ended March 31, 2017. Copies of the press release and the
earnings call presentation are furnished as Exhibit 99.1 and
Exhibit 99.2, respectively, to this Current Report on Form 8-K
and are incorporated herein by reference. The information
furnished with this Item 2.02, including Exhibits 99.1 and 99.2,
shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject
to the liabilities of that section, nor shall it be deemed
incorporated by reference into any other filing under the
Securities Act of 1933, as amended, except as expressly set forth
by specific reference in such a filing.
In the press release, the earnings call presentation and the
conference call to discuss its financial results for the first
quarter ended March 31, 2017, scheduled to be webcast at 8:00
A.M. on April 26, 2017, Axalta presents, and will present,
certain non-GAAP financial measures. Axalta management believes
that presenting these non-GAAP financial measures provides
meaningful information to investors in understanding operating
results and may enhance investors ability to analyze financial
and business trends. In addition, Axalta management believes that
these non-GAAP financial measures allow investors to compare
period to period results more easily by excluding items that
could have a disproportionately negative or positive impact on
results in any particular period. Non-GAAP measures are not a
substitute for GAAP measures and should be considered together
with the GAAP financial measures. Our non-GAAP financial measures
may not be comparable to other similarly titled measures of other
companies.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press Release dated April 26, 2017
99.2
First Quarter Ended March 31, 2017 Earnings Call
Presentation


About AXALTA COATING SYSTEMS LTD. (NYSE:AXTA)

Axalta Coating Systems Ltd. is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. Its segments include Performance Coatings and Transportation Coatings. The Company, through its Performance Coatings segment, provides liquid and powder coatings solutions to a fragmented and local customer base. The Company, through its Transportation Coatings segment, provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles. It develops, manufactures and supplies liquid and powder coatings for a number of applications in the industrial end market. It develops, markets and supplies a portfolio of coatings systems and color matching technologies. It offers waterborne and solventborne products and systems used by the global automotive repair industry to refinish damaged vehicles. Its brands include Voltatex, Alesta, Nap-Gard, Abcite and Imron.

AXALTA COATING SYSTEMS LTD. (NYSE:AXTA) Recent Trading Information

AXALTA COATING SYSTEMS LTD. (NYSE:AXTA) closed its last trading session up +0.28 at 32.20 with 2,661,174 shares trading hands.