Libbey Inc. reports loss for 2009 and fourth quarter

2/10/2010

Libbey Inc. Wednesday morning reported a fourth-quarter loss of $7.1 million, or 45 cents a share, considerably smaller than the $68.9 million, or $4.68 a share, the company lost during the same period in 2008.

The Toledo tableware manufacturer said it had sales for the quarter of $208.1 million, up 12 percent from $186.6 million a year ago.

For the year, Libbey reported a loss of $28.8 million, or $1.90 a share, compared to a loss of $80.5 million, $5.48 a share, for 2008. Its annual sales last year were $750.2 million, down 8 percent from $812.6 million for 2008.