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

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts


Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe


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.


CI Data Book July 2012

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


facebook_40px twitter_40px  youtube_40pxlinkedin_40