Eagle Materials revenues flying high up 19% year-on-year to US$1.1bn

Eagle Materials, the US-based cement and other building materials company, reported revenues up 19% to US$1.1billion in its financial results for 2015. The firm also saw its Q4 2014 revenues rise 18% to $223.8 million. Fiscal 2015 earnings for Eagle Materials before interest and income taxes increased 32% year-on-year in 2014 to $264.7 million, reflecting improved sales volumes across nearly all business lines, with cement sales volumes setting an annual record of 4.35million tonnes (4.8 million ton
May 18, 2015 Read time: 1 min

RSS8108 Eagle Materials, the US-based cement and other building materials company, reported revenues up 19% to US$1.1billion in its financial results for 2015.

The firm also saw its Q4 2014 revenues rise 18% to $223.8 million.

Fiscal 2015 earnings for Eagle Materials before interest and income taxes increased 32% year-on-year in 2014 to $264.7 million, reflecting improved sales volumes across nearly all business lines, with cement sales volumes setting an annual record of 4.35million tonnes (4.8 million tons). Net sales prices also strengthened across all businesses.

Fourth quarter earnings before interest and income taxes increased 31% to $44.4 million, as fourth quarter sales volumes improved across nearly all businesses, reflecting improving construction fundamentals in the US. In addition, improved pricing was achieved across all businesses.

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