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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.

Tags: third corporation growth profit

Category:Consumer Goods and Services

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