PPG Industries' third quarter net income was US$150m, including previously announced one-time after-tax charges of US $3m, to rationalise the recently formed PPG Auto Glass automotive replacement glass distribution venture. Sales were US$2.08bn - a record for a third quarter - and compare with third quarter net income in 1999 of US$99m. PPG's glass segment recorded an 8% rise in sales. Sales and operating earnings growth was led by automotive replacement glass and glass fibre products. (whole item)
Origin
Unknown
Journal Title
Glass Int Jan/Feb 2001 2
Sector
News Items
Class
N 925