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25th April 2018, Toledo, OH

Composites deliver flat revenue at Owens Corning

In Composites, the company expects continued growth in the glass fibre market, driven by global industrial production growth. © Owens CorningOwens Corning has reported consolidated net earnings of US$ 92 million in first-quarter 2018, compared with US$ 101 million during the comparable quarter in 2017. First-quarter 2018 net sales attributable to Owens Corning were US$ 1.7 billion, compared with net sales of US$ 1.5 billion in first-quarter 2017, an increase of 14%.

Composites delivered flat revenue versus a strong prior year comparison. Sales attributable to Composites were US% 511 million, same as in 2017. EBIT was US$ 60 million, compared to US$ 71 million for the same time in 2017.

Read the full article on our Inside Composites website

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