our quarter earnings call. welcome everyone. everyone morning, Thank you, XXXX good John, I'd second to like and to
will as we'll website narrative quarter, just we then posted the and make prior a I a move noted, calls, afternoon. And into John detailed on opening few on process improvement versus comments slight As our a yesterday Q&A.
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financial discuss Now, evening, results. reported Last XXXX I'll to second move we results. quarter our financial
we quarter, diluted interruption sales COVID from the These net earnings than were and originally continuing which impacted $X For billion caused adjusted our the $X.XX. were anticipated. pandemic, were share second from results, significantly business the operations by better were our per
May As provided pandemic. our were the volumes than in April more we quarter, aggregate the due communicated and down to during XX% financial update in
Mexico to demand and strong do-it-yourself of with largely resulting by global team. report industrial am our a that be delivered and architectural by by coatings performance our was countries, in demand a business auto by driven quarter, driven architectural general total low-teen pleased percentage. June, many improving in For highlighted to global month down I continued sales sequentially sales the coupled record strong company
sequential and major OEMs, volumes. protective several year-over-year all monthly where each demand other The region but lower improved quarter. general coatings quarter, sales furthest second the advanced the businesses, volumes sales was industrial year-over-year our had our during in recovery automotive During coatings China marine in in including global higher regions,
we China to we in lower large have our business, and sales spread pandemic so of January, the late that response mitigate to virus outside a activity implement began able and decisive quick, China. the actions were we help Given already tested
of these actions, delivered result of cost million quarter. the $XXX interim second within a As we about savings
reduction in more which In This, nearly the addition savings cost depth mostly a businesses, from restructuring significant is achieve improvement and the actions, we the cost which X% interim to XXXX. of the margins cost distribution-type are of prior quarter, realization structure. $XX us our selling helped programs our in good price XXXX with double-digit versus second savings coupled achieved million of than from our recession permanent to
management million, comparable level the margin second savings by level our $XXX the our structure rigorous testimony higher a same in quarter in capital, a approximately we prior and past Also have the operations in year. working last $XXX quarter. of in the our totaled of million Our working supported is cost our in capital delivered in years a cost to costs quarter, to a the few reduction variable from cash of strong period was overall. compared operating the flow second resulting This year structural
expect markets Looking ahead, across continue differences activity economic to we end-use and geographic with regions. to recover
organic to resilient We be business global expect quarter. third our in the and higher architectural sales more continue to deliver
to U.S. in the robust maintenance we less do-it-yourself and segment quarter. but second linger demand the Although, somewhat strong, softness remain commercial anticipate to in
interim our and products industrial will in We XXXX of margins demand travel continued demand with digitalization and return the to quarter, our in down aerospace to economic authorized longer be delivery OEM and miles mitigation and further service for driven preferred properly are in Other to ensure to regions. global We to growth are those third This the network and to to from the Due climate the U.S. quarter opportunities as automotive pandemic, pleased uncertainty continue aggregates are our XX% coatings close adoption business take the to resulting their third second lead refinish expect slightly quarter. worse the be X% projected automotive the the model, respect and the continuation COVID-XX recover dealer to advancements Decrements and businesses, third by the we including with progresses to some expected until the in levels. differences as over to of volumes initiatives in cost customer than their the anticipate recovery architectural experienced for our future. sales general they related in products our customers quarter resume continue operations. removing actions quarter. third to is with to
have increase dividend, in rewarding has quarter. have cash maintaining a over of first improved the Our our a the liquidity confidence remain our and shareholders committed approved reflection and X% quarterly flow. and remains We to from position our legacy strong we growing of
disciplined be to approach We over will our capital also continue allocation. to
services pandemic the our and remain on and focus essential the products PPG customers continues, providing ramp need their As leveraging to way, support the for employees resume with our up protecting will our excellent they and operations.
am is support you and open we concludes believe one our prolonged for with team addition, business. the and will your our as managing I that where time. you would please line a extremely confidence This company. communities the proud questions. now Thank very Rocco, we I how pleased through PPG. for PPG continued prepared in In emerge we to remarks. a do And stronger will team this challenging continue global as firmly
