Record Revenue Achieved
Eagle Materials achieved a record revenue of $639 million for the second quarter, with a gross margin of 31.3% and an EPS of $4.23.
Strong Cement and Aggregates Performance
Cement sales volume increased by 8%, and concrete and aggregates revenue rose by 24%. Record aggregate sales volume was up 103% due to recently acquired aggregates businesses.
Strategic Investments in Modernization
Significant progress on Laramie, Wyoming plant modernization and expansion, and commencement of the Duke, Oklahoma Wallboard plant upgrade, both on budget and schedule.
Safety Performance and Initiatives
Eagle Materials maintained a strong safety track record, performing below industry averages for total recordable incident rates across all businesses.