Inactive Instrument

Foundation Building Materials, Inc.

Equities

FBM

US3503921062

Construction Supplies & Fixtures

Foundation Building Materials, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020

November 03, 2020 at 03:01 am IST

Foundation Building Materials, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 521.261 million compared to USD 564.906 million a year ago. Operating income was USD 19.877 million compared to USD 27.670 million a year ago. Net income was USD 11.801 million compared to USD 12.698 million a year ago. Basic earnings per share was USD 0.27 compared to USD 0.3 a year ago. For the nine months, sales was USD 1,531.609 million compared to USD 1,639.689 million a year ago. Operating income was USD 59.829 million compared to USD 71.509 million a year ago. Net income was USD 36.034 million compared to USD 30.857 million a year ago. Basic earnings per share was USD 0.83 compared to USD 0.72 a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 0.75 a year ago.

Latest news about Foundation Building Materials, Inc.

Clayton, Dubilier & Rice, LLC acquired an unknown minority stake in Foundation Building Materials, Inc. from American Securities LLC.	30/01	CI
Foundation Building Materials, Inc. acquired Henrietta Building Supplies, Inc. and HBS Building Supplies Inc. from Dick Ski.	02/23/02	CI
Foundation Building Materials, Inc. acquired A&D SUPPLY COMPANY.	02/23/02	CI
Foundation Building Materials, Inc. acquired KCI Doors & Hardware, LLC.	02/23/02	CI
Foundation Building Materials, Inc. acquired Assets of Foundation Building Materials, LLC from group of sellers.	15/23/15	CI
Foundation Building Materials, Inc. acquired Sices Material Products, Inc.	05/23/05	CI
Foundation Building Materials, Inc. acquired MarJam Supply Co., Inc.	01/23/01	CI
Foundation Building Materials, Inc. acquired Titan Insulation Supply, LLC.	07/22/07	CI
Foundation Building Materials, Inc. acquired New Mexico Drywall Supply.	01/22/01	CI
Foundation Building Materials, Inc. completed the acquisition of Interior Products Business and Insulation Business from Beacon Sales Acquisition, Inc.	10/21/10	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P Global BMI Index	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P TMI Index	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P 600 Industrials	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P 1000	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P Composite 1500	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from S&P 600	29/21/29	CI
American Securities LLC completed the acquisition of Foundation Building Materials, Inc. from Lone Star Fund IX (U.S.), L.P. managed by Lone Star Americas Acquisitions, Inc. and others.	29/21/29	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell 2000 Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell 3000 Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell 2500 Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell 2000 Growth Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell 2000 Value Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell Small Cap Completeness Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell Small Cap Comp Value Index	28/21/28	CI
Foundation Building Materials, Inc.(NYSE:FBM) dropped from Russell Small Cap Comp Growth Index	28/21/28	CI

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Company Profile

Foundation Building Materials, Inc. is a specialty distributor of wallboard, suspended ceiling systems and metal framing in the United States and Canada. The Company distributes wallboard used to finish the interior walls and ceilings in residential and commercial construction projects. It provides metal framing and other framing products for multiple uses, including interior partitions and load bearing walls. Its ceilings are sold into both non-residential repair and remodel and new non-residential construction markets. The Company offers complementary and other products, tools and accessories, including wallboard accessories, stucco and finishing systems, safety accessories, fasteners, insulation, doors and roofing products. Wallboard accessories are sold as a package in conjunction with wallboard and include products used for the installation and finishing of wallboard. Key wallboard accessories include joint compounds, trims, tapes and various other accessories.

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Construction Supplies & Fixtures

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