TOLEDO, OH, February 19, 2020-

Owens Corning (NYSE: OC) today reported record consolidated net sales of $7.2 billion, an increase of 1% or $103 million, compared with 2018. Fourth-quarter 2019 consolidated net sales were $1.7 billion, a decrease of 2% or $32 million, compared with the same period in 2018.

Full-year 2019 net earnings attributable to Owens Corning were $405 million, or $3.68 per diluted share, compared with $545 million, or $4.89 per diluted share, in 2018. Adjusted earnings in 2019 were $500 million, or $4.54 per diluted share, compared with $550 million, or $4.94 per diluted share, during 2018. Full-year 2019 adjusted EBIT was $828 million, a decrease of $33 million compared with 2018.
(See Use of Non-GAAP Measures, See Tables 2 and 7.)

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