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Sales of $6 billion rose 18% from prior year.
February 8, 2011
By: TOM BRANNA
Editor
Dow Corning Corp. posted results for the fourth quarter and full year of 2010.Dow Corning’s sales of $6 billion and net income of $866 million were both records for Dow Corning.Additional information about the financial results: Q4 Results ·Sales were a record $1.58 billion, 7% higher than last year. ·Significant growth in Asia and Latin America resulted in record sales for these geographic regions. Annual Results ·Sales were a record $6 billion, 18% higher than last year. ·Record sales across all developing geographic regions contributed to the sales growth. ·Net income was a record $866 million, an increase of 45% from last year. ·Adjusted net income was $724 million, an increase of 29% from last year.
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