US: Owens Corning’s net sales in the first nine months of 2020 were US$5.13bn, down by 6.6% year-on-year from US$5.47bn in the first nine months of 2019. Loss before interest and tax (LBIT) was US$399m, compared to earnings before interest and tax (EBIT) of US$625m. Insulation sales fell by 3% to US$1.88bn from US$1.95bn. However, the company’s sales and earnings picked up in the third quarter of 2020, supported by its roofing division.
