Eagle Materials revenue up by 5% to US$933m in first nine months of 2017 financial year

Eagle Materials revenue has risen by 5% year-on-year to US$933m in the first nine months of its financial year to 31 March 2017 from US$891m in the same period in the previous year. Its net earnings rose by 43% to US$162m from US$113m. Sales from its cement division rose by 7% to US$359m from US$335m. However, sales volumes fell slightly to 3.89Mt. Sales volumes of cement from its joint-venture in Texas grew faster than wholly-owned plants, despite cement prices falling as production shifted from oil well cement to construction-grade cement over the past year.

"I was surprised by the large number of participants in the Conference. It indicates that the cement industry is interested in the demand of cement, which very closely connected to the s...
"Well-organised, excellent speakers and high participation — a very beneficial event!"

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