PPG sees broad growth in Q1
Shares of the maker of coatings, glass and chemicals for aerospace, automotive and other industries reported a 25% jump in Q1 EPS to $1.98, beating estimates by 11 cents. Sales rose 9% to $3.64 bil, roughly in line with consensus. PPG Industries (PPG) said growth rates accelerated in each of its geographic regions vs. recent quarters, including in Europe, where volume rose 5% in sync with the region's early stage recovery. PPG rose 4.1% to 199.46.