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| USG reports 2Q 2009 net sales of $829 million USG Corp, a leading building products company, reported second quarter 2009 net sales of $829 million and a net loss of $53 million, or $0.53 per diluted share based on 99.2 million average diluted shares outstanding. For the same period a year ago, the corporation recorded net sales of $1.3 billion and a net loss of $37 million, or $0.37 per diluted share based on 99.1 million average diluted shares outstanding. The corporation's consolidated second quarter 2009 results included restructuring and long-lived asset impairment charges totaling $19 million ($12 million after-tax, or $0.12 per diluted share). The corporation's consolidated second quarter 2008 results included restructuring and long-lived asset impairment charges of $21 million ($13 million after-tax, or $0.13 per diluted share). The corporation's liquidity at June 30, 2009 totaled $495 million, comprised of $302 million of cash and cash equivalents and $193 million of borrowing availability under its credit facilities. write your comments about the article :: © 2009 Construction News :: home page |