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Masco Corporation : Masco Continues Revenue and Profit Growth Trend in Third Quarter 2014

2014-10-28 01:37:49| Furniture - Topix.net

MASCO CONTINUES REVENUE AND PROFIT GROWTH TREND IN THIRD QUARTER 2014 Key Highlights * Sales increased 4 percent to $2.2 billion * Adjusted operating profit margin increased to 10.9 percent * Adjusted EPS grew 15 percent to $.31 per common share * Reversed deferred tax asset valuation allowance of $517 million TAYLOR, Mich. - Masco Corporation reported net sales and adjusted operating profit growth in the third quarter of 2014 driven primarily by the Plumbing Products, Other Specialty and Installation and Other Services segments.

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