Cement sales increase by 4% for Eagle Materials in 4Q
Operating earnings for Eagle Materials’ cement business improved by 422% y/y in 4Q, with revenues up 10% y/y during the period.
Operating earnings for Eagle Materials’ cement business improved by 422% y/y in 4Q, with revenues up 10% y/y during the period.
Adverse weather has affected the US economy’s growth path but the PCA is confident of 7.9% growth in cement consumption this year, rising to 10% next year.
Cement and nanotechnology combine in ‘smart’ concrete capable of transmitting and responding to mechanical, acoustic and magnetic signals.