Equity Research on Owens Corning and USG Corp. - Mixed Results for General Building Materials Industry
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/02/11 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the General Building Materials industry and are offering free analytical research on (NYSE: OC) and (NYSE: USG). Register with us today at to have free access to these research reports.
Weak new home sales continue to weigh on the general building materials industry, but some companies are still posting impressive revenues. Get your free reports on and at . There is no commitment to join.
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Owens Corning grew its second quarter revenues 7% to $1.5 billion thanks in part to improved roofing and composite sales. Heavy storm activity in the first half of the year led to an uptick in demand for roofing products. Roofing revenues for the company climbed roughly 13% to $645 million. report is accessible for free by registering today at .
Wallboard suppliers like USG Corp. have not been as fortunate and have been hit harder by depressed new home sales. Most general building material suppliers have also seen margins pressured by rising commodity costs. report is accessible for free by registering today at .
Moving forward, barring a significant turnaround in the homebuilding market, many companies will continue to struggle to grow revenues. Building material suppliers with a more diversified product line should be able to weather the housing downturn and grow revenues out of some segments.
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Datum: 02.09.2011 - 06:35 Uhr
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