6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
In 2005, Beacon acquired three companies, including one late in the fourth quarter, Shelter Distribution Inc. ($248 million in sales in 2004).
In the fourth quarter, gross profit increased 24.1% to $55.8 million from $44.9 million a year ago. The Company's net income for the fourth quarter was a record $10.4 million compared to a net loss of $5.5 million in the fourth quarter of 2004.
In the fiscal year 2005, gross profit increased 25% to $207.2 million in 2005 compared with $165.7 million in 2004. The company had record net income of $32.9 million in 2005 compared to a net loss of $15.4 million in 2004.
We continue to manage our balance sheet and liquidity to aggressively pursue additional growth opportunities," said Robert Buck, Beacon's president and CEO. "We continue to be very excited about our future as we spread our presence across the United States and Canada."