The 2020 Mid-Year Economic Update_long

Gibraltar Industries Sales Up 8% in 2Q

Year-to-date sales up 6.5 percent year-over-year.

Building products manufacturer Gibraltar Industries Inc. (NASDAQ: ROCK), Buffalo, NY, reported sales for the second quarter of $253.2 million, up 8 percent year-over-year, primarily reflecting sales at the newly acquired RBI. Profit decreased 36.5 percent to $4.1 million.

Second quarter sales for residential products increased 15 percent year-over-year to $134.7 million, while sales for industrial and infrastructure products decreased 14 percent to $101.4 million.

Year-to-date sales were $453.8 million, up 6.5 percent over the prior-year period. Profit increased 121.5 percent to $9.6 million.

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