USG Corporation Sales Up 10.7% in 2013

USG Corporation returns to profit in 2013.

USG Corp. (NYSE: USG), Chicago, IL, reported full year sales for 2013 of $3.6 billion, an increase of 10.7 percent from the previous year. Profit increased to $46 million from a loss of $125 million in 2012.

Sales for the fourth quarter were $915 million, an increase of 12 percent year-over-year. The company reported a loss of $4 million, compared to a loss of $12 million from the same period the year before.

L&W Supply Corporation sales were $314 million for the quarter, an increase of 11.3 percent. Sales for the full year increased  8.7 percent to $1.2 billion. Profit for the year was $6 million, compared to a loss of $33 million the previous year.

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