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Friday, July 29, 2011

Lafarge Gypsum 2nd Quarter 2011 Results

Q2 2011 vs. prior year
- Global gypsum volumes up 5%, revenues up 4%
- Global gypsum EBIT decline of 5% (from 6.3% to 5.9%)
- Europe and Rest of World EBIT at 9.6% and 8.9%
- North American revenues down 10.4%, slight improvement in EBIT from -19.2% to -20.9%

6 months 2011 results vs. prior year
- Global volumes and revenues up 5%
- Global EBIT 5.4% (Europe 10.1%, ROW 7.7%, North America -24.4%)

For North America, EBIT of -20.9% in Q2 2011 improved from-27.9% in Q1 2011

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