Trade Axalta Coating Systems - AXTA CFD

Axalta Coating Company profile

About Axalta Coating Systems Ltd

Axalta Coating Systems Ltd. is a manufacturer, marketer, and distributor of coating systems. The Company operates through two segments: Performance Coatings and Mobility Coatings. Its Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base, as well as a number of regional and global customers. Its Mobility Coatings segment provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles. It offers a range of specially-formulated waterborne and solvent borne products and systems used by the global automotive refinish industry to repair damaged vehicles. Its refinish products and systems include a range of coatings layers required to match the vehicle’s color and appearance. Its industrial brands include Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings and Alesta, Nap-Gard, Abcite and Plascoat for powder coatings.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Axalta Coating Systems Ltd revenues increased 18% to $4.42B. Net income increased from $121.6M to $263.9M. Revenues reflect Performance Coatings segment increase of 23% to $3.1B, Mobility Coatings segment increase of 8% to $1.32B, EMEA segment increase of 18% to $1.62B, North America segment increase of 16% to $1.72B.