Beacon Roofing Supply, Inc. Reports Strong Second-Quarter and First-Half 2005 Results.
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Beacon Roofing Supply, Inc. Reports Strong Second-Quarter and First-Half 2005 Results.
PEABODY, Mass. -- Beacon Roofing Supply, Inc. (Nasdaq: BECN) (the "Company") announced today record performance for the second quarter and first half (six months) ended March 31, 2005 of the fiscal year ending September 24, 2005.
Second Quarter Sales increased 38.7% to $172.1 million in the second quarter of fiscal 2005 ("2005") from $124.1 million in fiscal 2004 ("2004"), reflecting strong internal growth of 17.0% or $21.1 million, with the strongest sales occurring in non-residential roofing. The Company also opened two new branches during the second quarter. JGA Corp. ("JGA"), acquired in mid-December, contributed the remaining sales increase of $26.9 million. Gross profit increased 27.1% to $41.4 million in 2005 from...See the full content of this document
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