The 2020 Mid-Year Economic Update_long

Builders FirstSource Sales Up 7.7% in 2014

Company's fourth-quarter sales improve 7.5 percent.

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, TX, reported sales for 2014 of $1.6 billion, up 7.7 percent over the previous year. Profit for the building products company was $18.2 million, compared to a year-ago loss of $42.7 million.

The company reported sales for the fourth quarter of $396.7 million, up 7.5 percent over the same period a year ago. Profit fell 46.5 percent to $2.4 million. The company completed two acquisitions – Trim Tech of Austin and Empire Truss Ltd. – during the fourth quarter, marking the fourth and fifth acquisitions by the company since mid-2014.

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