Florida Rock Industries Second Quarter Earnings Call
28th June 2007 00:00 AM |
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| The company earned $26.2 million, or 39 cents per share, down from $57.8 million, or 86 cents per share a year ago. |
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| The provider of sand, gravel and crushed stone to the construction industry said that the declining sales volume and lower sales prices for cement and concrete blocks negatively affected the latest quarter results. Revenue declined to $249.4 million from $364.1 million a year ago. The management is encouraged by the upward trends in Florida but expects volumes to continue to trail last year''s numbers, until residential construction recovers, |
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