Owens Corning (OC) Reports In-Line Q4 EPS
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Owens Corning Reports Full-Year and Fourth-Quarter 2019 Results
February 19, 2020 6:00 AM ESTCompany Delivered Net Sales of $7.2 Billion, Generated Record Operating Cash Flow of $1 Billion in 2019
Company delivered $405 million of net earnings and adjusted EBIT of $828 million Roofing improved EBIT by $21 million to $455 million Insulation delivered $230 million of EBIT Composites generated $247 million of EBIT, and 12% EBIT margins Improved free cash flow by $324 million to $590 millionTOLEDO, 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... More
