Owens Corning estimates ~$360M pre-tax noncash impairment on glass reinforcements sale

Owens Corning

Estimated pre-tax noncash impairment charge of ~$360 million related to sale of global glass reinforcements business.
Charge will be reflected in Q1 2025 consolidated financial statements, reported in Form 10-Q.
Sale announced earlier; business now classified as held for sale and discontinued operations.
Noncash nature of impairment means no immediate cash outflow from the charge.

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