Armstrong World Industries posts $11.56 million April operating loss

By Caroline Salls

Pittsburgh, June 1 - Armstrong World Industries, Inc. reported an $11.56 million operating loss for April on $113.97 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The figures show a decline from $9.09 million in March operating income on $140.49 million in net sales.

The net loss for April was $11.52 million, down from a $3.44 million March net income.

Cash and cash equivalents on April 30 were $264.32 million, compared with $231.73 million at the end of March.

Armstrong, a Lancaster, Pa.-based flooring company, filed for bankruptcy on Dec. 6, 2000. Its Chapter 11 case number is 00-04471.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.