Beacon Roofing Supply, Inc., Peabody, MA, reported sales increased 6.1% to $514.6 million in third quarter 2008 compared with the year-ago period. Organic growth was 5.9%.
Residential and non-residential roofing sales increased 12.4% and 7.4%, respectively, while complementary product sales declined 11.3%. Roofing product sales benefited from a rapid rise in prices during the third quarter as well as from strong re-roofing activity in storm-affected regions and continued strength in commercial roofing activity in most markets.
Complementary product sales continued to be hampered by the slowdown in new residential construction.
Profit for the third quarter was $18.3 million compared with $11.5 million in 2007, an increase of 59%. According to …
Beacon Roofing Supply Sales Up 6.1% in 3Q
Beacon Roofing Supply, Inc., Peabody, MA, reported sales increased 6.1% to $514.6 million in third quarter 2008 compared with the year-ago period. Organic growth was 5.9%.
Residential and non-residential roofing sales increased 12.4% and 7.4%, respectively, while complementary product sales declined 11.3%. Roofing product sales benefited from a rapid rise in prices during the third quarter as well as from strong re-roofing activity in storm-affected regions and continued strength in commercial roofing activity in most markets.
Complementary product sales continued to be hampered by the slowdown in new residential construction.
Profit for the third quarter was $18.3 million compared with $11.5 million in 2007, an increase of 59%. According to …
Share this article
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
