Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $299 Million and Adjusted EBIT of $438 Million
Owens Corning engaged Morgan Stanley as its financial advisor to review strategic alternatives for its global glass reinforcements business.
- Owens Corning engaged Morgan Stanley as its financial advisor to review strategic alternatives for its global glass reinforcements business.
- Owens Corning continues to invest in new product and process innovation to support customers and generate additional growth.
- The company paid dividends of $52 million and repurchased 0.9 million shares of common stock for $130 million.
- “Owens Corning delivered an outstanding start to the year, growing enterprise earnings and expanding margins in the first quarter.