Aggregate sales contribute to quarterly growth at Eagle Materials
President and CEO Michael Haack says construction activity was healthy across the company’s markets in the quarter.
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Eagle Materials: Agg revenue down to end 2021
Aggregates and concrete revenue decreased 3 percent in the company’s last quarter.
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Quarterly concrete, agg revenue down at Eagle Materials
The decline, however, reflects the sale of the company’s northern California concrete and aggregate businesses during the first quarter of fiscal 2021.
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Eagle Materials sets record quarterly revenues
The company’s fiscal second quarter aggregate and concrete revenue was down, however, due to the sale of Northern California businesses.
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Quarterly aggregate, concrete revenues up at Eagle Materials
These specific revenues jumped 12 percent in the company’s first quarter of fiscal 2021, which wrapped at the end of June.
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Aggregate business up at Eagle Materials
Revenue and earnings tied to aggregate were up in the latest quarter at Eagle Materials, which is currently limiting capital spending to critical projects only.
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Eagle Materials sells aggregate, concrete assets
The transactions involve Western Aggregates and Mathews Readymix, and they come after the company announced plans to separate its heavy and light materials businesses.
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Eagle Materials to delay business separation due to coronavirus
Eagle Materials will hold off on separating its heavy and light materials businesses due to market conditions caused by the coronavirus pandemic.
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