US:GMS grows nine-month sales in 2021 financial year

摘要

GMS recorded consolidated net sales of US$2.47bn in the first nine months of its 2021 financial year that ended on 31 January 2021,up by 4% year-on-year from US$2.37bn in the corresponding period of 2019.Costs of sales fell by 4% to US$1.60bn from US$1.66bn.Adjusted earnings before interest,taxation,depreciation and amortisation(EBITDA)fell slightly in the third quarter of the 2021 financial year to US$62.6m from US$62.7m in the third quarter of the 2020 financial year.Third-quarter wallboard volumes grew by under 1%and wallboard prices fell by 2%,resulting in a 1 % sales decline.