Global Gypsum
Sureglas Gypsum Facers - Build To Protect - Owens Corning
High-Tech Solutions For Gypsum Processing Have A Name - Grenzebach
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News USG profit under pressure in third quarter of 2017

USG profit under pressure in third quarter of 2017

Written by Global Gypsum staff
31 October 2017
  • Print
  • Email

US: USG’s operating profit for its gypsum business has fallen by 4.5% to US$85m in the third quarter of 2017 from US$88m in the same period in 2016. The gypsum wallboard producer blamed this on falling prices, rising input costs and poor weather. It said that the average realised selling price for US wallboard decreased by approximately 2% sequentially and was impacted by freight costs and changes in wallboard product mix due to hurricanes Harvey and Irma. US wallboard manufacturing costs also increased by US$10m due, primarily to increased waste paper costs. Despite this, overall net sales for the quarter increased.

“We had positive momentum in the third quarter, with increased net sales and wallboard volume,” said Jennifer Scanlon, president and chief executive officer (CEO) of USG.

Gypsum segment net sales rose by 5.4% to US$2bn for the first nine months of 2017 from US$1.9bn in the same period in 2016. Operating profit fell by 14% to US$266m from US$310m.

Last modified on 11 December 2017
Published in Global Gypsum News
Tagged under
  • US
  • USG
  • Results
  • GGM38

Related items

  • Eagle Materials raises sales in 2025 financial year
  • Georgia-Pacific publishes 2024 stewardship report
  • Strike at Saint-Gobain CertainTeed’s Blue Diamond gypsum plant
  • National Gypsum Company raises its profit in first quarter of 2025
  • Paul Johnson Drywall acquires Advanced Drywall Systems
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
Global Gypsum Monthly Sign up
Global Gypsum LinkedIn
Global Gypsum Facebook
Global Gypsum X
Acquisition Appointment Australia Belgium Canada CertainTeed China Eagle Materials Etex Export France Germany government Gypsum India investment Knauf market Plant Product Recycling Results SaintGobain Spain sustainability UK Upgrade US USG Wallboard
« May 2025 »
Mon Tue Wed Thu Fri Sat Sun
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Links
  • Awards
  • Back issues
  • Subscribe
  • Register for free copies
  • The Last Word
  • Conferences >>
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Websites >>
  • Global Cement
  • Global Slag
  • Cem Fuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online

© 2025 Pro Global Media Ltd. All rights reserved