Foundation Building Materials Sales Up 5.4% in 2019 - Modern Distribution Management

Foundation Building Materials Sales Up 5.4% in 2019

Fourth quarter sales were up slightly over 2018.

Foundation Building Materials Inc, (NYSE:FBM) Tustin, California, reported sales for fourth quarter of 2019 of $514.8 million, up 0.3% from the same period in 2018. Profit was $9.4 million, down from $18.3 million the previous year’s quarter.

The company reported 2019 sales of $2.2 billion, up 5.4% from 2018. Profit was $ 40.2 million, up from a loss of $12.2 million in 2018.

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