USG Reports Increased Sales

Gypsum products maker reports net sales up from 2003.

 

USG Corp., Chicago, has announced its fourth quarter and year-end financial numbers.

 

The gypsum building materials producer reports closing the fourth quarter of 2004 with net sales of $1.2 billion and net earnings of $85 million, an increase of $242 million and $39 million, respectively from 2003.

 

“USG’s businesses had a positive fourth quarter, finishing a year of solid performance,” says William C. Foote, USG Corp. chairman, president and CEO.

 

The company also reports a record $4.5 billion in net sales in 2004, an increase of $843 million compared to 2003.

 

USG’s full year-end financial report is available on the company’s Web site.
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