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News Eagle Materials reports decline in cement earnings in second quarter of 2025 financial year

Eagle Materials reports decline in cement earnings in second quarter of 2025 financial year

Written by Global Cement staff 30 October 2024
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US: Eagle Materials' quarterly revenues hit US$624m in the first half of the 2025 financial year, with net earnings of US$144m and earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$242m. The company’s cement revenues dropped by 2% year-on-year, to US$353m, resulting in a 5% fall in its operating earnings from cement, to US$116m, exacerbated by increased maintenance costs. Cement sales volume declined by 5% year-on-year to 2Mt, affected by adverse weather in Texas in July 2024 and Eastern US markets in September 2024.

Last modified on 30 October 2024
Published in Global Cement News
Tagged under
  • US
  • Eagle Materials
  • Results
  • GCW683
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