Owens Corning on Wednesday reported a loss of $21 million, or 17 cents a share, for the fourth quarter of 2009, better than the loss of $34 million, or 27 cents a share, for the same period of 2008, the Toledo firm said.
For the year, the construction materials company reported profits of $64 million, or 50 cents a share, up significantly from the loss of $813 million, or $6.38 a share, for 2008.
Sales for the final quarter of 2009 were $1.16 billion, down 10 percent from the $1.29 billion for the same period a year earlier.
For the year, OC had sales of $4.8 billion, down 18 percent from 2008.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.