Global Cement
Unmatached fuel flexibility with Pyrorotor - KHD
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Cut your energy costs with our high-performance lubricants and services - Kluber Lubrication
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
News Eagle materials reports third-quarter sales growth in 2022 financial year

Eagle materials reports third-quarter sales growth in 2022 financial year

Written by Global Cement Staff 04 February 2022
  • Print

US: Eagle Materials’ consolidated sales rose by 13% year-on-year to US$1.45bn in the third quarter of the 2022 financial year from US$1.28bn in the corresponding quarter of the 2021 financial year. Its sales of cement rose by 12% year-on-year to US$261m, while its earnings from the segment were US$79.8m, up by 13%. Cement volumes totalled 2Mt, up by 7% from third-quarter 2021 financial year levels.

Chief executive officer and president Michael Haack said that the results reflected both continued strength in US construction activity and excellent execution by Eagle Materials as Covid-19-related supply chain challenges continued. He said “We continue to see positive demand trends across our geographic footprint, driven by increased residential construction activity and expanded infrastructure investment. These trends should support growing construction activity and contribute to attractive pricing across our heavy and light materials businesses. We enter the last quarter of our fiscal year in a position of strength, with an excellent balance sheet enabling us to continue to execute on our core strategies.”

Haack added “I’m also proud to share that, during the first nine months of our fiscal year, we achieved the best safety performance in our history, demonstrating our deep commitment to our people and their wellbeing. During the quarter, we also continued to make strides towards our environmental stewardship goals. We are now producing and selling our eco-friendly Portland limestone cement (PLC) from four Eagle cement facilities.”

Last modified on 15 February 2022
Published in Global Cement News
Tagged under
  • US
  • Eagle Materials
  • Results
  • demand
  • supply chain
  • coronavirus
  • volumes
  • construction
  • Safety
  • Price
  • homebuilding
  • GCW543
  • Portland Limestone Cement

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

Related items

  • Les Ciments de Bizerte's turnover falls amid drop in clinker production in 2022
  • Hallett Group's Port Adelaide cement terminal storage dome deflates days after construction
  • GCC publishes fourth quarter 2022 earnings report
  • Qatar National Cement Company’s sales drop in 2022
  • Cemex orders ship unloader from Bruks Siwertell
back to top
AI Modules - The Kima Process
Loesche - Innovative Engineering
Airscape - The new sealing standard for transfer points in conveying systems
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
« February 2023 »
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          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global CemTrans
  • Global ConChems
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2023 Pro Global Media Ltd. All rights reserved.