Ceramic Industry News

Owens Corning Net Sales up 7%

February 21, 2012
/ Print / Reprints /
/ Text Size+


Owens Corning recently reported consolidated net sales of $5.3 billion for the 12 months ended December 31, 2011, a 7% increase from net sales of $5 billion in 2010. Full-year adjusted earnings were $276 million, vs. $199 million in 2010. Net earnings were $276 million compared with net earnings of $933 million in 2010.

Fourth quarter 2011 adjusted earnings were $48 million, vs. $29 million one year ago. Net earnings in the fourth quarter of 2011 totaled $50 million, compared with a net loss of $110 million in 2010.

“Owens Corning delivered another outstanding year in 2011,” said Mike Thaman, chairman and CEO. “We achieved growth in revenue and EBIT in all of our businesses amid challenging market conditions. These results reflect excellent execution by our portfolio of market-leading businesses.”

For more information, visit www.owenscorning.com

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

September 2014 Issue Highlights

Our September 2014 issue is now available!

Posted: December 15, 2014


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI January 2015 cover

2015 January

It's our annual Materials Handbook issue, with the ever-popular "Raw & Manufactured Materials Overview" article! Check it out today.

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!