FAIRLAWN, OH – OMNOVA Solutions Inc., a manufacturer of commercial wallcoverings, upholstery fabrics and laminates, reported net income of $17.0 million for the fourth quarter of 2006, compared to net income of $4.1 million for the same period in 2005. Net sales increased $1.3 million, to $176.4 million, for the fourth quarter of 2006 versus $175.1 million for the fourth quarter of 2005. Gross profit decreased to $37.0 million in the fourth quarter of 2006 compared to $40.8 million in 2005. Read more.
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