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Achieved record adjusted EBITDA of $305 million and a multi-year high margin of 22.7%, driven by disciplined cost execution and favorable business mix.
Refinish segment growth of 6% was supported by the abatement of channel destocking and significant new business wins, including 1,900 net new body shops in the first half.
Industrial margins expanded for the 13th consecutive quarter despite a choppy North American macro environment, fueled by strong Energy Solutions demand in Asia.
Mobility segment reached record quarterly net sales of $474 million, benefiting from a ramp-up in North American Class 8 truck production and expansion in commercial transportation adjacencies.
#million #business #NVIDIA
Achieved record adjusted EBITDA of $305 million and a multi-year high margin of 22.7%, driven by disciplined cost execution and favorable business mix.
Refinish segment growth of 6% was supported by the abatement of channel destocking and significant new business wins, including 1,900 net new body shops in the first half.
Industrial margins expanded for the 13th consecutive quarter despite a choppy North American macro environment, fueled by strong Energy Solutions demand in Asia.
Mobility segment reached record quarterly net sales of $474 million, benefiting from a ramp-up in North American Class 8 truck production and expansion in commercial transportation adjacencies.
#million #business #NVIDIA
2 days ago
