01 August, 2022
Owens Corning Completes Acquisition of Natural Polymers
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Owens Corning (NYSE: OC) announced it has completed the acquisition of Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. “We are excited to welcome the Natural Polymers team and start working together on innovative product development,” said Insulation President Todd Fister. “Natural Polymers’ proven technology advances our strategy to provide long-term, sustainable solutions and offer our customers a diversified insulation product portfolio.” Owens Corning expects to significantly grow this business in the coming years. Natural Polymers’ track record of above-market growth is anticipated to contribute to Owens Corning’s strategy to strengthen core building and construction products and expand the company’s addressable markets into higher-growth segments. Natural Polymers is dedicated to the development of high-quality spray polyurethane foam products and systems, offering some of the
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27 July, 2022
Owens Corning Delivers Record Net Sales of $2.6 Billion; Generates Net Earnings of $343 Million and Adjusted EBIT of $525 Million
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Owens Corning (NYSE: OC), a global building and construction materials leader, today reported second-quarter 2022 results. Reported Net Sales Increase of 16% to $2.6 Billion Expanded Adjusted EBIT Margins to 20% and Adjusted EBITDA Margins to 25% Delivered Diluted EPS of $3.49 and Adjusted Diluted EPS of $3.83 Generated Operating Cash Flow of $466 Million and Free Cash Flow of $361 Million Returned $136 Million of Free Cash Flow to Shareholders through Dividends and Share Repurchases “Owens Corning delivered another outstanding quarter while advancing our enterprise strategy which accelerates our growth, strengthens our earnings power, and creates additional value for our shareholders. Our global teams continue to execute at a high level as we make strategic investments to expand our total addressable markets and enhance our market-leading positions,” said Chair and Chief Executive Officer Brian Chambers. “For the second half of the year, we remain focused on delivering strong
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06 July, 2022
Owens Corning to Announce Second-Quarter Financial Results on July 27
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Owens Corning (NYSE: OC) is scheduled to announce its second-quarter financial results on Wednesday, July 27, 2022, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/192344854 A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the entry code 873980 . U.S.: 1.844.200.6205 Canada: 1.833.950.0062 Other international locations: +1.929.526.1599 Telephone replay Telephone replay will be available one hour after the end of the call through Wednesday, August 3, 2022. Please use conference replay entry code 228223 . U.S.: 1.866.813.9403 Canada: 1.226.828.7578 Other international locations: +44 204.525.0658 About Owens Corning Owens Corning is a global building and construction materials leader committed to building a sustainable future through material
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