Mission Viejo, CA - Within Armstrong Holdings, Inc. quarterly results announcement it was reported that their Building Products, Ceilings, business had operating income of $27.2 million on $230 million in sales (11.8% EBIT/sales ratio). Armstrong's 53% increase in operating profit from the same previous year quarter, compared to USG's recent 88% increase in operating profit and 9% EBIT/sales ratio.
Full details of Armstrong's first quarter 2004 results announcement can be found at www.armstrong.com.