Owens Corning Q3 2024 Financial Results: Sustained Profitability Amid Market Headwinds: Owens Corning reported robust financial results for the third quarter of 2024, achieving an adjusted EBIT margin of 19% and an adjusted EBITDA margin of 25%. This performance marks the 17th consecutive quarter where the company has maintained mid-teens or better adjusted EBIT margins and 20% or better adjusted EBITDA margins, underscoring its resilient earnings profile despite challenging market conditions. During the earnings call, CEO Brian Chambers attributed this sustained profitability to strategic initiatives aimed at strengthening market-leading positions, improving operating efficiencies, and increasing the company’s earnings power. He also highlighted progress on key projects, including the commissioning of a […]
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Global Sustainability Team Member responsible for Environmental Product Compliance
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