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News Eagle Materials boosts sales and earnings in first nine months of 2023 financial year

Eagle Materials boosts sales and earnings in first nine months of 2023 financial year

Written by Global Gypsum staff
26 January 2023
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US: Eagle Materials’ consolidated sales were US$1.68bn during the first nine months of its 2023 financial year, up by 16% year-on-year from US$1.45bn in the corresponding period of the 2022 financial year. Its net earnings were US$361m, up by 20% year-on-year from US$300m.

In its gypsum wallboard business, the group noted increased sales volumes and prices, alongside a ‘sharp’ drop in raw material costs, during the third quarter of the 2023 financial year. Its gypsum wallboard volumes rose by 5% year-on-year to 67.6Mm2 during the quarter. This resulted in a 23% rise in the business’ revenues, to US$235m.

Last modified on 13 February 2023
Published in Global Gypsum News
Tagged under
  • US
  • Eagle Materials
  • Results
  • volumes
  • raw materials
  • costs
  • GGM52

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