Owens Corning’s net income rises 88.6% y/y to USD545 million

News
Financial results

Sales up 10.5% y/y

Owens Corning’s net income increased 88.6% year-over-year (y/y) to USD545 million in the financial year ended 31 December 2018, the company said in a press release on 20 February. Operating income also improved marginally by 1.2% y/y to USD807 million. Owens Corning reported higher earnings driven mainly by 10.5% y/y increase in net sales to USD7.06 billion.

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