PPG Industries (NYSE: PPG), Pittsburgh, PA, reported sales for 2016 of $14.8 billion, flat compared to the prior year. Profit decreased 37.6 percent to $877 million.
In the fourth quarter, sales of $3.5 billion were down 1.5 percent compared to the prior-year period. Profit in the fourth quarter was $344 million, up 9.6 percent compared to the previous year.