Axalta Coating Systems: Global Economic Factors and Market Demand Stability 

Axalta Coating Systems demonstrated robust performance in the third quarter of 2024, with net sales and adjusted EBITDA rising substantially, signaling consistent operational efficiency and strategic expansion. The company reported third-quarter net sales of $1.32 billion, marking the 15th consecutive quarter of year-over-year sales growth. This increase was primarily attributed to share gains, mix management, and contributions from recent acquisitions, notably overcoming challenges posed by a softer macroeconomic environment. Furthermore, adjusted EBITDA reached a record of $291 million for the quarter, an increase of $30 million from the previous year, with a 22% adjusted EBITDA margin, improving by 220 basis points year-over-year.