Aug 7, 10:44 AM

Owens Corning Reports $2.8B Sales, Novelis $151M Income in Q1

Owens Corning reported net sales of $2.8 billion, with net earnings of $285 million and adjusted EBIT of $588 million. Meanwhile, Novelis announced its Q1 results, with a net income of $151 million, reflecting a 3% decline year-over-year. However, Novelis' net income excluding special items rose by 32% to $204 million. The company's adjusted EBITDA increased by 19% to $500 million, and rolled product shipments grew by 8% to 951 kilotonnes.

#Owens Corning #Novelis

Written with ChatGPT (GPT-4o).

Sources

ET NOW@ETNOWlive
2 years ago
#Q1WithETNOW | Novelis Q1: Net income at $151 mn, down 3% YoY; these are the other highlights👇 @novelis #StockMarket #EarningsWithETNOW https://t.co/xQBAggLM9b
Markets Today@marketsday
2 years ago
#Novelis' net income attributable to shareholder at $151 million, down 3% year-on-year. https://t.co/3xfWzY5QD6
NDTV Profit@NDTVProfitIndia
2 years ago
#Novelis' net income attributable to shareholder at $151 million, down 3% year-on-year. For all the latest earnings updates, visit: https://t.co/RuAbYa2IQC https://t.co/E1fyR68JbK

Owens Corning Reports $2.8B Sales, Novelis $151M Income in Q1

Sources

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