Eagle Materials shared financial results for the second quarter of fiscal 2025 ended Sept. 30, 2024, reporting record revenue of $623.6 million, and net earnings of $143.5 million.
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Cement Producers Report Quarterly Results
Publicly traded construction-materials companies operating in the United States reported mixed results for the second quarter.
Read MoreEagle Materials Reports Record Revenue, Earnings
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2025 ended June 30, noting record revenue of $608.7 million, up 1%; and record net earnings of $133.8 million, up 11%.
Read MoreEagle Materials to Double Capacity at Laramie
Eagle Materials will modernize and expand its Laramie, Wyo., cement plant and related distribution facilities as the company re-emphasizes its commitment to be the cement supplier of choice in the Mountain Region, including Denver and Salt Lake City markets.
Read MoreTexas Lehigh to Open Slag Facility
Texas Lehigh Cement Co., a 50/50 joint venture between Heidelberg Materials North America and Eagle Materials, will begin production at a new slag cement facility in Houston this summer.
Read MoreEagle Materials, Terra CO2 Partner on SCM Plants
Terra CO2 and Eagle Materials have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
Read MoreEagle Materials Establishes New Financial Milestones
Eagle Materials reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%.
Read MoreEagle Materials Expands Import Business
Eagle Materials completed the acquisition of Martin Marietta’s cement import and distribution business in northern California, which includes a cement terminal in Stockton.
Read MoreQuarterly Reports a Mixed Bag
Publicly traded U.S. cement producers just reported results, and those results are a mixed bag. At Summit Materials, Cement Segment net revenues increased 23.6% to $97.9 million in the fourth quarter of 2022. Cement Segment adjusted cash gross profit margin increased to 47.1% in the fourth quarter, compared to 42.7% in the prior-year period as strong pricing gains more than…
Read MoreDOE Funds Cryogenic Carbon Capture Project at Missouri Plant
The U.S. Department of Energy awarded $5 million in funding to Chart Industries’ Sustainable Energy Solutions to design, build, commission and operate an engineering-scale Cryogenic Carbon Capture (CCC) process at Central Plains Cement Co.’s cement plant in Sugar Creek, Mo.
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