Earnings also benefitted from lower selling, general and administrative expense as a percentage of sales. 90 Lafarge Corp. is engaged in the production and sale of cement, ready-mixed concrete, aggregates and other concrete products and gypsum wallboard. LAF is also engaged in road building and other construction. Revenues reflect the acquisition of Redland PLC businesses and increased shipments in all product lines. Earnings reflect lower costs as a percentage of net sales.
Revenues reflect increased same store sales and net salon openings.
Earnings also reflect improved margins and lower nonrecurring charges. Earnings also reflect higher margins due to improved buying practices and lower interest expense associated with the benefits of a debt refinancing. It should NOT be construed as advice or recommendations on trading or purchasing stocks. Please see Legal Notice page for more information.