Foundation Building Materials Inc, (NYSE:FBM) Tustin, CA, reported sales for 2017 of $2.1 billion, up 48 percent from 2016. Profit was $82.5 million, up from a loss of $28.4 million.
For the fourth quarter, sales totaled $516.8 million, up 11.8 percent from the same period in 2016. Profit was $75.9 million, compared to a loss of $8.8 million the previous year.