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RSS FeedsOwens Corning Reports Full-Year and Fourth-Quarter 2019 Results
(WorldNews Environment)

 
 

19 february 2020 13:35:50

 
Owens Corning Reports Full-Year and Fourth-Quarter 2019 Results
(WorldNews Environment)
 


TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today reported record consolidated net sales of $7.2 billion, an increase of 1% or $103 million, compared with 2018. Fourth-quarter 2019 consolidated net sales were $1.7 billion, a decrease of 2% or $32 million, compared with the same period in 2018. Full-year 2019 net earnings attributable to Owens Corning were $405 million, or $3.68 per diluted share, compared with $545 million, or $4.89 per diluted share, in 2018. Adjusted earnings in 2019 were $500 million, or $4.54 per diluted share, compared with $550 million, or $4.94 per diluted share, during 2018. Full-year 2019 adjusted EBIT was $828 million, a decrease of $33 million compared...


 
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