Foundation Building Materials Sales Up 28.8% in 3Q – Modern Distribution Management

Foundation Building Materials Inc, (NYSE:FBM) Tustin, CA, reported third quarter sales of $535.4 million, up 28.8 percent from the same quarter in 2016. Profit was $1.4 million, up from a loss of $15.3 million.

For the first nine months, sales totaled $1.5 billion, up 66 percent from the same period in 2016. Profit was $6.6 million, compared to a loss of $19.6 million the previous year.

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