Masco Corp. President and CEO Timothy Wadhams and Executive Vice President and COO Donald DeMarie presented a financial outlook for the company at the Raymond James 29th Annual Institutional Investors Conference in Orlando, FL, March 4, 2008. Results for Masco for 2007 included gross margins at 27.3% (down 30 bps), generated free cash flow of $980 million (2008 estimate is $720 million), improved working capital management to 15.4% of sales, invested $248 million in its businesses for capital projects, and returned $1.2 billion to shareholders.