Axalta releases second quarter 2021 results

Philadelphia, july 26, 2021 /prnewswire/ -- second quarter 2021 highlights: q2 2021 net sales increased 72.6% year-over-year to $1,126.8 million with substantial contributions from all end-markets versus last year's covid-19-impacted results income from operations of $190.4 million versus a loss of $64.5 million in q2 2020; adjusted ebit of $173.4 million compared with a loss of $11.6 million in q2 2020 diluted eps of $0.54 versus $(0.35) in q2 2020; adjusted diluted eps of $0.48 versus $(0.15) in q2 2020 net debt to ltm adjusted ebitda of 2.6x at june 30, 2021; strong cash flow from operations of $107.5 million on july 7, 2021, announced agreement to acquire u-pol, a manufacturer of repair and refinish products axalta coating systems ltd. (nyse:axta) ("axalta"), a leading global coatings company, announced its financial results for the second quarter ended june 30, 2021.
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