The 2020 Mid-Year Economic Update_long

Gibraltar Sales Up 16.4% in 1Q

Residential product sales down 6 percent in the first quarter.

Gibraltar Industries Inc. (NASDAQ: ROCK), Buffalo, NY, reported sales for the first quarter of $233.7 million, up 16.4 percent year-over-year. Profit was up 17.9 percent to $6.5 million.

For the first quarter, residential products segment sales decreased 6 percent to $100.1 million; industrial & infrastructure sales decreased 15 percent to $79.7 million; and the newly named renewable energy and conversation segment sales increased 35 percent to $53.9 million.

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