Eagle Materials increases revenues across gypsum board and cement businesses
Published: Friday, 06 February 2015
Rising prices and sales in each business are a positive boost for Eagle, though acquiring CRS Proppants just as the fracking industry began to slow following oil price falls may prove to be less profitable than the company had hoped.
New York-listed Eagle Materials Inc. this
week reported increased sales, revenues and earnings across all
its business segments in the period running from September to
Quarterly revenues were up 27% year-on-year (y-o-y) to $292m
and cement earnings rose 44%, while the gypsum-consuming...