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Published on 3/29/2006 in the Prospect News Distressed Debt Daily.

USG shows $67.86 million in February earnings before income taxes

By Caroline Salls

Pittsburgh, March 29 - USG Corp. posted $67.86 million in earnings before income taxes for February on $405.76 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $41 million in net earnings for the month.

Cash and cash equivalents at Feb. 28 were $678.43 million.

USG, a Chicago-based building materials company, filed for bankruptcy June 25, 2001. Its Chapter 11 case number is 01-02094.


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