Embed Size (px)
Citation preview
1938
Founded Over 79
Years Ago
2016 Sales
CountriesAround
The World
EmployeesWorldwide
Consecutive Years on theFortune 500®
Three Strong
Businesses
$5.7 BILLION
OWENS CORNING | 2017www.owenscorning.com
OWENS CORNING develops, manufactures, and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 62 consecutive years, the company develops solutions that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, Owens Corning makes thousands of products lighter, stronger and more durable.
WHY INVEST IN OWENS CORNING? Owens Corning competes in markets with attractive long-term macro drivers, including global industrial production, material substitution, U.S. housing and construction, and energy standards and codes. The company operates a portfolio of market-leading businesses with improved financial performance, and drives shareholder returns through a disciplined capital allocation strategy.
Market Leading
Businesses
Improved Portfolio,
Earnings & Cash Flow
Attractive Macro Drivers
Favorable global trends
Positive market outlook
Leadership positions in attractive industries
Valuable brands
Low-cost assets
Disciplined capital allocation
Access to growth opportunities
Improving capital intensity
2 31
1234567891011121314
1516171819202122232425262728293031323334353637383940414243444546
47484950
2616K 62
3%
11%
26%60%
OWENS CORNINGONE OWENS CORNING PARKWAYTOLEDO, OHIO, USA 436591-800-GET-PINK®
www.owenscorning.com
ROOFING
U.S. and Canada new residential construction
U.S. and Canadaresidential repair and remodeling
U.S. and Canadacommercial and industrial
International
2016 revenue by end market based on Owens Corning management estimates; estimated error margin below 5%
Progress supports confidence in return to historical profitability.
15%
38%21%
26%
BALANCED MARKET EXPOSURE
INSULATION COMPOSITES
Strong market position sustaining high operating margins.
Market-leading with improving economic conditions and higher utilization rates.
KEY FINANCIAL DATA ($ in millions)
Net Sales
Net Earnings (Loss) attributable to OC
Diluted Earnings (Loss) per share attributable to OC common stockholders
EBIT
Adjusted EBIT
Adjusted Earnings
Adjusted EPS (diluted)
$ 5,260
$ 226
$ 1.91
$ 392
$ 412
$ 208
$ 1.76
2014
5,350
330
2.79
548
550
304
2.57
2015
$
$
$
$
$
$
$
CORPORATE$
$
$
$
$
$
$
5,677
393
3.41
699
746
419
3.63
2016
Insulation Sales
Insulation Margins
Composites Sales
Composites Margins
$
1,748
13%
1,746
6%
$ 1,919
8%
2014
$
$
1,766
15%
1,850
9%
$ 1,902
12%
2015
$
SEGMENT
$
2,194
22%
1,748
7%
$ 1,952
14%
2016
$
8%
79%
12%
1%
36%
23%
25%
16%
CORPORATE
THREE STRONG BUSINESSES
CONTACTSThierry DenisVice President, Investor [email protected]
Drew McIntyreLeader, Investor [email protected]
Sandy MillerSpecialist, Investor [email protected] Rights Reserved. The color PINK is a registered
trademark of Owens Corning. © 2016 Owens Corning.The NYSE logo is a registered trademark of NYSE Group, Inc.
