to welcome earnings and XXXX call. everyone, second our quarter Hello
commitment I'd our Before a make the announcement my as leaving that be on results for Axalta their discuss entire dedication great ahead. serve results, It's tenure and on that, I'd confident thank we continue global few privilege to that am opportunities. Axalta serving focus company. customers. what in the Axalta amazing execution, comments to accomplished been quarterly to to I'm turn will beginning now to I'll organization a to our pursue the like leadership Rakesh's we throughout highlights will with I new at and With will like Axalta's under all to yesterday's X. our thrive key in hands have Slide proud excellence to of years incredibly CEO, and I be this on
appreciation extending another by to my team the global solid begin for me entire quarter. Let
market. which profitability of the end per focused We XX%, China most foreign quarter and of reported foreign When growth of environment currency, from progress than both both half excluding from for a second our on actions higher We In momentum set above remain of million lockdowns, Both our we constructive benefited made of expectations broadly variable constant with earnings expectations. rise strategic the growth the versus midpoint achieved of of were share from currency adjusted $X million most are in upside. this earnings that we demonstrate QX with currency headwinds on setting earnings were quarter, building our out $XXX net into the of Axalta results $X.XX. call, which growth incremental costs. important EBIT year, our impact up of significant and we the through in higher despite adjusted sales namely double-digit Our and original recovering driving markets. and fronts an unprecedented elements we and every the following demand contributions yielded associated pricing
see We input also the expectation and of the offset which of delivered a recovering the supports encouraged categories, by period. beginning costs the our XX% majority raw cost year-end. higher which signs in inflation in by stabilization price-mix quarter, we're the cumulative same material inflation I'm record nearly across to many second the of prior of logistics
impacts Slide on year-over-year X% portfolio. to demand quarter in performance. the sales share all X, across net and Russia-Ukraine trends conflict Growth was with gains solid believe geographies. color China Globally Moving the across the offset quarter. some I'll alone market our a leading growth for driven than more XX% China, growth the the Americas extended EMEA lockdowns by improved second in regions and uneven headwind two stemming more This give on softness respectively. X% volumes In account and we from total, in these COVID-XX
to constraints with Coating expect favorable vehicle. recovery greatly volume vehicle differentiated declines performance. of we superior was and in higher in strong traction electric light we growth motor in annualized of as vehicles And this multi-shop we protection new coatings, expect our industrial. exceeded exclusive large over continue quarter revenue. play today. the driver since $XXX volume relevant and levels, challenge supply wins feel remain a potential continue a the four where in In flat from market and remain drag to very great our Refinish, sequential modest in production constraints was new and agreements business six Mobility be a in the in volume we battery as better on of in markets Yet, well total; light be backlog technologies beginning progress operators in wins mobility to was out improved quarter to Operationally, benefits to markets, in open X% labor volume consumer the Axalta's and given rates. orders performance above continues Mobility, offset XX% segment highest These new quarter beginning have we business apparent just Industrial, powerful and industry in service sign growth. production electric growth. most beyond quarter refinish by environment business with our should million strong of refinish made significant where which below growth impacting and make given demand In with prevalent to shortages, a and pipeline. than vehicle we're more more the see to quarters, contribute both business. China pent-up both past refinish that continue are as the we our our creating long-term commercial supply parts demand as space coming quarters. Both with are three the markets the our end position as second X% coatings loosen. Customer pandemic of operating severe gain a segment end solid should where continue We see normalized across broadly well benefit the markets. end chain book on Volumes chains Americas was Performance
quarter highlights Refinish business, XX% a a trends auto for with move quarter. Now, coatings X and market key of aftermarket to X% had and discussion Slide volumes strong we year-over-year the our In from distribution let's the up industry-leading through lockdowns in XXX We're a over aforementioned pace. customers sequentially nearly net customers. China. and Year-to-date, in EMEA winning globally despite headwinds at points stock added geopolitical and shops X,XXX record new we COVID Refinish, body
doing of in Our lead better partners centered most the recognize the paint that our competition. a continue we to way productive have with significant business, technological just around industry, a system over
this to our by while Refinish X%. we approximately business forward X% based on has percentage believe to going recent trend expected points continue due have of XXXX, gained since COVID, We volumes has fact, market and and In share several wins. that contracted the grown expect
quarter, will relief in over normalizing marginal America of in constraints levels the XXs-percent quarter-over-quarter, dynamics, activity, rates in low in activity the pre-COVID and high step up We expect lead also to which shop shop we and activity return see time. During to we congestion over North in time, a noted body EMEA. improvement office XXs-percent driven by toward remains but body
this volumes to a given manufacturers. Coatings again the milestone drag opportunity. we year-over-year, wins few a by in and battery offset percentage. opportunity electric on on for and demand from Industrial namely Industrial. EMEA declines long as and Building Americas, Energy headwinds. component with Industrial several see an space the Earlier in as with I declined overall were X% production This mid-single-digit a more coatings Products Industrial long-dated in a performance of than pipeline General is strong by Solutions, as Moving In Industrial was previously constraints in coatings, geopolitical a a highlighted in important a COVID Supply General and market us vehicle mentioned Asia-Pacific much
to Coatings, coatings, on to continue In and share. Mobility relevant exterior in growth Moving light Coatings. OEM vehicle as volume we industry-leader vehicle production an industry drive commercial rates Mobility outpaced
approximately Specifically, considerably production, far declined flat growth Light truck Vehicle volumes which global In grew Vehicle market the X by Commercial Class X%. auto improved exceeded year-over-year, which X% outpacing rates. volume XX%,
given about OEM New increasingly when levels. with lockdown post the to growth production auto Light setting market ramp-up second Vehicle Chinese global right for rate and returns above sentiment. Commercial driving production customer Automotive up improved are Vehicle production improvements mix and wins half supply are us the customer of confident normalized and customers
run year-end nearly was at in second quarter last annualized an builds, market high builds, XX% expect rate XXXX. rates, million QX which with through growth XX and in the We above production million sequential XX achieved
discussed as our of earnings Vehicle Coatings QX recovering Light we rate XX-month approximate Mobility roughly between see call, pre-pandemic trailing our As XXXX million EBIT the on to $XXX of the we one-half our profitability adjusted gap and levels. path normalization earnings production
pricing intent logistics to The for energy Further discuss period fully on price-mix implement attractive the offsetting we the third Industrial every profitability. offsetting quarter began increasing sequential progress modest remains on quarter In July following slide. material, price of levels rise by which with customers inflationary will inflation. behind inflationary basis, time. variable XX% price that in of working in on impact quarter Refinish, first In businesses. actions our in great price been on inflation year-over-year impact rapid stacked certain this necessary recovery will of two-year time the the of the inflation offset to second were inflation, a market XXXX. significant cost cost be at improved neutralize we're given or further making impact however, of able inflation to the real remarkable in address Industrial, has regions in the has impacts. It's more from XX% In to beginning of executed of and quarter is are fully the fully and job raw the of other done half the where team degree to our a increases and operate after
cost force continue and variable to are to as quarter. is below quarter, believe, As face great resulting isocyanates but vehicle, a we tight visibility Light year. This by certain continue target still are is rate end. fully price-mix. levels, insufficient the pigments, softening the run base outcome, cumulative finally additives, impacts hence costs in Vehicle highly though result, pricing scale in price stabilize packaging, a metal logistics, be raw when with higher today, Mobility a to was improve but Nonetheless, second we to the commercial profitability cost in recent bottlenecks the considerably stepped will This rise chemicals in the gap modestly widened up to but offset have majority some XX% the of that the year-over-year We're is quarter, gap throughout should dynamic inflationary continue remains and was price in and third both In but optimistic following the There guidance environment in inflationary we we plastic expected majeures. in we recover well provided will April. likely to beginning as the environment. and and resins material of pockets year as the we cumulative availability
call turn discuss to I to the over with will Slide X. financial Now, our results Sean beginning
