Eagle Materials increases revenues across gypsum board and cement businesses

By James Sean Dickson
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 December 2014.

Quarterly revenues were up 27% year-on-year (y-o-y) to $292m and cement earnings rose 44%, while the gypsum-consuming...

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