Eagle Gypsum Business Takes Off

Eagle Materials Inc of Dallas, TX has reported an operating profit for its gypsum wallboard business of US$30.7 million on revenues of US$104.2 million in the three months ended December 31, 2013 compared with an operating profit of US$16.9 million on revenues of US$80.7 million in the same period of 2012. The improvement reflects a 13% increase in sales volume, to 584 million sq ft, and a 19% increase in average price to US$143.40/MSF.

Volume 28 issue 3

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