Owens Corning (OC) Tops Q4 EPS by 52c, Revenues Beat
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Owens Corning Reports Full-Year and Fourth-Quarter 2020 Results
February 17, 2021 6:00 AM ESTCompany Delivered Net Sales of $7.1 Billion; Generated Record Operating Cash Flow of $1.1 Billion in 2020
Financial results demonstrated the companys strength and resiliency in a challenging environment Roofing produced $591 million of EBIT with 22% EBIT margins Insulation delivered $250 million of EBIT with 10% EBIT margins Composites reported $165 million of EBIT with 8% EBIT margins Generated record free cash flow of $828 million and returned $396 million to shareholdersTOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today reported consolidated net sales of $7.1 billion, a decrease of 1%, compared with... More
