Document wj2pOvVdn6DQZGzeqQ9bDo86
FILE NAME: Talc (TALC)
DATE: 1976
DOC#: TALC478
DOCUMENT DESCRIPTION: Press Release - J-M Supplemental Sales & Earnings
FOR IMMEDIATE RELEASE
zzster*" D w TM Colorado 601117
303
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rnnw.^--MANVILLE SUPPLEMENTAL
SECOND OflARTER/FIRST HALF SALES AND_EARNINGS
_
DENVER, Colorado (August 30, 1976) . * ` * Supplementing previously released second quarter and first half, 1975 record sales and earnings figures of July 21, 19lot Johns . Manville today issued a break out of contributing sales and pre-tax earnings figures by business, categories.
Supplemental second quarter and first half sales and pre-tax earnings by the six business categories for Johns-Manville
are attached"
.
.
Serving orldwidi markets, Johns-Manville is a major manufacturer of insulations, .roofing and general building products, pipe and pipe systems, and a variety of other industrial products. The company also mines and markets asbestos, diatomite, perlite,
and talc
**
Attachment
CRMC-HT-TALC-000042
;' *
-------rr
" NET SALES AMi^VBEFOttB!T^ft E^NlNGSfiGYrHAdQR USl^S5 SEGiNTS
_.
` (Thousands)
. 1
6 Months Endec! dune 30, 1976
SALES
)yb
Earnings before income I tax extra, items .1 f
Thermal Insulations
167,341
28.0 1
18,273
31.7
Pipe Products & Systems General Building Products
106,028 84,867
17.7 14.2
! _ (5,573)(A) ft
4,465
(9.7) 7.7
Wining 6 Minerals
Roofing Products
^
Industrial & Other
Non Product Related Income
83,768 80,567 76,107
14.0 13.4 12.7
. .
19,785^ 8,157 12,331
265
34.3 14.1 21.4
.5
TOTAL
598,678
100.0
6 Months Ended June 30, 1975
SALES
_%
Thermal Insulations . '
Pipe Products & Systems
General Building Products
Roofing Products
Mining & Minerals
'
Industrial & Other
128,444
86,841
79,694
78,750
,
61,243
58,063 ^
26-1 ! 17.6 16,1 16.0 12,4 11:8
Non-Product Related -Income --------------
-- - -
57,703
' *
100.0
'
<t
f
1
-
1
i*
Earnings before income
!
tax & extra, items
k
5,602
21.3 i
1,410 t ,458
5.4 [ |
5.5 [
6,793
25.9
5,912
4,464
631
22.5 j
17.0 i i
2.4 i
TOTAL
493,035
100.0
26.270
100.0 ?
W Include provision of $4.1 million in earnings before income taxes for estimated costs of disposing of all claims and potential liabilities relating to alleged defects in reinforced mortar pipe sold prior to the Fall of 1971.
{^Includes provision of $2.6 million in earnings before interne taxes for shutdown of IKS. Talc operations.
i