Axalta Coating Systems: Is Its Global Mobility Surge the Key to Beating Industry Headwinds?

Axalta Coating Systems reported its first quarter of fiscal 2025 results, showcasing a blend of consistent performance and challenges influenced by external economic factors. The company’s net sales remained flat compared to the previous year on a constant currency basis. Despite facing declines in volume, Axalta managed to achieve a 4% year-over-year increase in adjusted EBITDA, amounting to $270 million, with an expansion in the adjusted EBITDA margin by 140 basis points. This marks the tenth consecutive quarter of margin growth, highlighting the ongoing effectiveness of the company’s operational improvements and strategic initiatives.