PPG Industries sees flat sales, margin pressure but plans price hikes to boost profits in FY25

PPG Industries experienced stagnant sales and margin declines in FY25 due to currency challenges, divestitures, and weak industrial demand. Despite an 80 basis point drop in profitability, the company improved operational efficiency, with return on total capital nearing 10% and free cash flow increasing to $1.16 billion. PPG pre-announced a 6% year-over-year rise in Q1 earnings per share and intends to implement up to 20% price increases across all product lines to counter cost pressures and recover margins. The analyst remains cautious, waiting to see the effects of these price hikes and the aerospace segment's performance before considering investment.