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.
a press release and posted an earnings call presentation to its
website reporting its financial results for the fourth quarter
and year ended December 31, 2016. 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.
conference call to discuss its financial results for the fourth
quarter and year ended December 31, 2016, scheduled to be webcast
at 8:00 A.M. on February 8, 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.
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Exhibit No.
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Description
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99.1
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Press Release dated February 8, 2017
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99.2
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Fourth Quarter and Year Ended December 31, 2016
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 down -0.13 at 29.35 with 2,111,754 shares trading hands.