We had the pleasure of hosting an investor call with Axalta’s CFO, Carl Anderson, and their Head of Investor Relations, Colleen Lubic. They were both excellent, and we greatly appreciate their time.
“Transformation” has been the dominant theme for Axalta, and they’re seeing results. The company reported earnings last week, and despite a challenging market, they posted impressive results. Record net sales, significantly improved margins, and they’re taking market share.
Axalta has been implementing their “A Plan”, which includes 5 pillars.
“A PLAN” PILLARS:
- Winning Culture: Carl emphasized the importance of culture – and theirs has improved dramatically
- Operational Excellence: They’re running much more efficiently – proof is in their results
- Optimized Portfolio Growth Strategy: Winning new business in LATAM, China, and Brazil. Transitioning industrial business to higher margin accounts
- Sustainable Innovation: Staying ahead of the curve in efficiency & innovation – Robotics!
- Effective Capital Allocation: Intelligent capital deployment – M&A, share repurchases, paying down debt
Check them out here: https://ir.axalta.com/
We want to thank Carl, Colleen, and the entire Axalta team for their support.
