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News Eagle Materials raises sales in first quarter of 2025 financial year

Eagle Materials raises sales in first quarter of 2025 financial year

Written by Global Cement staff 01 August 2024
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US: Eagle Materials raised its sales in the first quarter of the 2025 financial year to US$609m, up by 1% year-on-year. Cement revenues rose 3% to $339m. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 5% to US$225m.

CEO Michael Haack said “Our portfolio of businesses continued to perform well, despite adverse weather conditions during the quarter across many of our core markets, which affected sales for our cement business. Underlying fundamentals in our markets continue to be favourable, and we expect demand for our products to remain steady for the balance of the year.”

Last modified on 07 August 2024
Published in Global Cement News
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  • Eagle Materials
  • Results
  • GCW671
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