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News Continental Building Products sales rise in first half of 2016

Continental Building Products sales rise in first half of 2016

Written by Global Gypsum staff
04 August 2016
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US: Continental Building Products' (CBP) net sales have risen by 12.5% year-on-year to US$229m in the first half of 2016 from US$204m in the same period in 2015. Its net income rose to US$25.2m from US$1.89m. Sales volumes of gypsum wallboard rose by 4.2% to 59.7Mm2 from 57.3Mm2.

"For the second consecutive quarter, we experienced stronger demand in our markets east of the Mississippi, which generated a 13% increase in wallboard volume versus the prior year," said Jay Bachmann, the chief executive officer of CBP.

Published in Global Gypsum News
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  • Continental Building Products
  • Results
  • GGM27

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