Dow Corning Corp. today announced first quarter 2014 sales of $1.52 billion, an increase of 21 percent over 2013, and net income of $191 million. Adjusted net income in the first quarter of 2014 was $109 million, an increase of 65 percent compared with the first quarter of 2013.
Adjusted net income for 2014 excluded gains from a derivative contract and long term sales agreements. Adjusted net income for 2013 excluded restructuring expenses.