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News Owens Corning sales revenue rises by 7% to US$2.78bn in first half of 2016

Owens Corning sales revenue rises by 7% to US$2.78bn in first half of 2016

Written by Global Insulation staff
28 July 2016
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US: Owens Corning’s sales revenue has risen by 7% year-on-year to US$2.78bn in the first half of 2016 from US$2.61bn in the same period in 2016. Its net earnings rose by 78% to US$198m from US$111m. However, sales revenue for its insulation business fell by 4% to US$799m from US$830m. No reason for the decline in insulation revenue was given, but the company expects slightly negative revenue growth and relatively flat margins to continue for the full year.

Last modified on 03 August 2016
Published in Global Insulation News
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  • US
  • Owens Corning
  • Results
  • GGM27

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