Armstrong Holdings, whose operating unit, Armstrong World Industries Inc., filed for Chapter 11 protection in December to resolve its asbestos liability, reported that it would disclose its financial results for 2000 in its 10-K report to the SEC in late March.
Although the financial reports are not yet available, Chairman and CEO Michael D. Lockhart said that fourth quarter 2000 performance was negatively impacted by a decline in sales and profits, as a result of the continued slowdown in the economy, and higher raw material and energy costs.