Apogee Enterprises profit surges on building boom

Apogee Enterprises Inc.'s fiscal first-quarter earnings surged as the industrial glass manufacturer continues to benefit from a recovery in the U.

S. commercial construction market.      The commercial glass provider has returned to profitability in recent quarters, recovering from a string of losses as anemic construction hurt sales.The company has lately seen stronger bidding activity and improving margins on new orders. In the latest quarter, the bottom line benefited, as expected, from strong architectural glass pricing and mix, as well as stronger installation margins thanks to more complex, private projects.

Read more here.

600450 Apogee Enterprises profit surges on building boom glassonweb.com
Date: 28 June 2013
Source: www.marketwatch.com

See more news about:

See more from these topics:

Others also read

The new $80 million, 221-foot-tall, torch-shaped tower has improved safety, security and design standards, and has obtained LEED® Gold status.
Apogee Enterprises, Inc.'s Building Retrofit Strategy Team has hired Mike Sheppy as certified energy manager engineer.
Mary (Olivier) Avery has been promoted to vice president of marketing at Tubelite Inc. Avery reports directly to company president Amy Cole, and is a part of the Tubelite Management Team.
Tubelite Inc. announces the addition of Archon Fenestration Technologies, LLC (Archon Fen-Tech) as an independent manufacturer's representative serving select clients in Kansas, Missouri and Nebraska.
Tubelite Inc. has hired W. Jeff Tate as a client development manager serving south Georgia, eastern South Carolina and the Florida panhandle. He reports to Tubelite's Southeast regional sales manager, Pat Daniels.
High light transmission, outstanding solar control and superior aesthetics all in one coating   

Add new comment