Belfair, WA (PRWEB) August 19, 2013

Tom Black, the Executive Director of the Metal Roofing Alliance (MRA), announced a new program to create a greater market share for metal roofing. Currently, metal roofing represents approximately 10 percent of the residential market share in the U.S. and Canada, making it the second most popular roofing product in North America.

Tom Black stated, As homeowners have come to understand its durability and benefits, metal has and will continue to be a popular roofing choice for consumers. However, the number of residential contractors needs to grow significantly to keep up with the demand created by the Alliance." The industry has created new products with new profiles some resembling slate and tile. Each has a marketability for homes in all price ranges.

The Metal Roofing Alliance represents material providers of aluminum and steel, the fabricators who turn the product into metal roofing, and related companies, such as coil coating and paint companies. With the support of its members, MRA has developed a complete line of sales and marketing aids for contractors. They also have an ongoing consumer advertising and promotional program which develops leads for contractors. Now, says Black, we are filling in the missing piece.

MRA has entered into a long term agreement with Dave Yoho Associates (DYA), the home improvement industrys oldest, largest, and arguably most successful consulting group. The goal is to produce sales and marketing programs to further educate homeowners on this re-roofing option. DYA will also create a number of ongoing training programs for contractors, including webinars and an electronic presentation to be used in the home with prospects. In addition, DYA will be working with major financing companies to provide a special home improvement finance package for metal roofing residential customers.

Dave Yoho, President of Dave Yoho Associates, stated, The residential metal roofing market is a huge, untapped opportunity for home improvement companies as well as existing roofers who run marketing/sales oriented companies. Premium metal roofing products can complement other exterior home improvement offerings for the leading marketing companies in the industry. Combining investment grade metal roofing with energy efficient siding and windows & doors can enable home improvement companies to offer a total exterior energy package to consumers when renovating their homes.

Dave Yoho added, We have developed a sales method which enables large roofing companies as well as home improvement specialty companies to sell effectively in the home. We also give these companies access to Super Sales Training, which is the first online training program devoted to the in-home salesperson. We believe the MRA program presents an outstanding opportunity for those who qualify.

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The World of Residential Re-Roofing is Prepared to Take a Great Leap Forward

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/vs45nm/roofing_products) has announced the addition of the "Roofing Products in Brazil to 2016: Market Databook" report to their offering.

This report is the result of extensive market research covering the roofing products market in Brazil. It contains detailed historic and forecast market value data for the roofing products market and its categories (Clay Roofing Products, Slate Tiles and Bitumen Roofing Felts), including data by domestic production, supply balance, existing stock, imports and exports.

'Roofing Products in Brazil to 2016: Market Databook' provides an overview and insight into the operating environment of the roofing products industry in Brazil. It is an essential tool for companies active across the Brazilian construction value chain and for new players who are considering entering the market.

Scope

- Overview of the roofing products market in Brazil

- Historic and forecast market values for the roofing products market and its categories (Clay Roofing Products, Slate Tiles and Bitumen Roofing Felts) for the period 2007 through to 2016

Reasons To Buy

- This report provides you with valuable market data for the roofing products market in Brazil

- This report provides you with a breakdown of market value by domestic production, supply balance, existing stock, imports and exports

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Research and Markets: Roofing Products in Brazil to 2016: Market Databook

Minecraft Modded Survivial:"Roofing Job" (EP3)
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Minecraft Modded Survivial:"Roofing Job" (EP3) - Video

NJ Roofing Contractors - 973-487-3704 - Affordable Roofing NJ - Bergen County Roofing Contractors NJ
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NJ Roofing Contractors - 973-487-3704 - Affordable Roofing NJ - Bergen County Roofing Contractors NJ - Video

Beacon Roofing Supply, Inc. ( BECN ) reported third-quarter fiscal 2013 (ended Jun 30, 2013) adjusted earnings per share of 55 cents compared with 62 cents earned in the year-ago quarter. The results fell short of the Zacks Consensus Estimate of 71 cents. Tough weather conditions and increase in product cost led to the decline.

Reported profit for the quarter was $27.2 million (or 55 cents a share), up 8% from $25.4 million (or 53 cents per share) recorded a year ago. The year-ago quarter's results included refinancing cost of 6 cents per share and increase in liability of 3 cents per share. No such item was recorded in the reported quarter.

Operational Update

Total revenues increased 12% year over year to $627.2 million, but missed the Zacks Consensus Estimate of $663 million. Organic sales improved 1.2% in the quarter. In existing markets, non-residential roofing product sales edged up 1.1%. Complementary product and residential roofing products sales increased 5.2% and 0.2% year over year, respectively. The reported quarter benefited from the positive impact of several acquisitions and organic sales gain, partly offset by unusually heavy rains, harsh weather as well as negative impact from hail storms.

Cost of goods sold increased 14% year over year to $479.8 million. Gross profit rose 4.6% to $147 million from $140.7 million in the year-ago quarter. Gross margin contracted 150 basis points year over year to 23.5%. Pricing pressure due to weaker demand hurt gross margin.

Operating expenses for the quarter crept up 11% to $99 million, due to increased expenses from the acquisitions. Operating income decreased 6% year over year to $47.9 million. Consequently, operating margin slid 150 basis points year over year to 7.6%.

Financial Position

Cash and cash equivalents declined to $26 million as of Jun 30, 2013, from $31 million as of Jun 30, 2012. Total debt amounted to $229 million as of Jun 30, 2013, compared with $234 million as of Jun 30, 2012. Debt-to-capitalization ratio declined to 24% as of Jun 30, 2013, from 27.8% as of Jun 30, 2012.

Cash flow from operating activities improved to $49 million in the quarter from $35 million in the prior-year quarter owing to favorable changes in working capital.

Outlook

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Beacon Roofing Earnings & Revs Lag in Q3 - Analyst Blog

Beacon Roofing Supply, Inc. (BECN) reported third-quarter fiscal 2013 (ended Jun 30, 2013) adjusted earnings per share of 55 cents compared with 62 cents earned in the year-ago quarter. The results fell short of the Zacks Consensus Estimate of 71 cents. Tough weather conditions and increase in product cost led to the decline.

Reported profit for the quarter was $27.2 million (or 55 cents a share), up 8% from $25.4 million (or 53 cents per share) recorded a year ago. The year-ago quarters results included refinancing cost of 6 cents per share and increase in liability of 3 cents per share. No such item was recorded in the reported quarter.

Operational Update

Total revenues increased 12% year over year to $627.2 million, but missed the Zacks Consensus Estimate of $663 million. Organic sales improved 1.2% in the quarter. In existing markets, non-residential roofing product sales edged up 1.1%. Complementary product and residential roofing products sales increased 5.2% and 0.2% year over year, respectively. The reported quarter benefited from the positive impact of several acquisitions and organic sales gain, partly offset by unusually heavy rains, harsh weather as well as negative impact from hail storms.

Cost of goods sold increased 14% year over year to $479.8 million. Gross profit rose 4.6% to $147 million from $140.7 million in the year-ago quarter. Gross margin contracted 150 basis points year over year to 23.5%. Pricing pressure due to weaker demand hurt gross margin.

Operating expenses for the quarter crept up 11% to $99 million, due to increased expenses from the acquisitions. Operating income decreased 6% year over year to $47.9 million. Consequently, operating margin slid 150 basis points year over year to 7.6%.

Financial Position

Cash and cash equivalents declined to $26 million as of Jun 30, 2013, from $31 million as of Jun 30, 2012. Total debt amounted to $229 million as of Jun 30, 2013, compared with $234 million as of Jun 30, 2012. Debt-to-capitalization ratio declined to 24% as of Jun 30, 2013, from 27.8% as of Jun 30, 2012.

Cash flow from operating activities improved to $49 million in the quarter from $35 million in the prior-year quarter owing to favorable changes in working capital.

Outlook For 2013, Beacon Roofing lowered its earnings per share forecast to $1.50$1.60 from its previous view of $1.75$1.85. Capital expenditure is expected to be around 1% to 1.2% of sales for the full year, as a result of continued fleet upgrades. The company expects gross margin for the fourth quarter in the band of 23%23.5%.

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Beacon Roofing Earnings & Revs Lag in Q3

DALLAS, Aug. 15, 2013 /PRNewswire/ -- Roofing Supply Group, LLC ("RSG"), a national leader in the wholesale distribution of roofing supplies and related building materials, announced today the appointment of Shaun Mara as the company's new Chief Financial Officer.

(Photo: http://photos.prnewswire.com/prnh/20130815/DA64779)

Mara is joining Roofing Supply Group from Dean Foods, where he was CFO and part of a leadership team that created over $2 billion in shareholder value during his tenure. Mara was also formerly with Wm. Wrigley Jr. Company and The Gillette Company where he held various positions in the US and Western Europe including Senior VP of Finance, Corporate Controller and Chief Accounting Officer.

In addition to other impressive accomplishments during his esteemed 27-year career, Mara was recognized as a finalist of the 2012 North Texas CFO of the Year award presented by the Dallas Business Journal.

President and CEO, Mike Farrell, said, "We are very pleased to announce an outstanding addition to the RSG Senior Leadership Team. Bringing Shaun onboard was a key strategic investment for the company and was based on the vast experience and values he brings to us. We look forward to his strong leadership and commitment to excellence as we look to continue to grow the business organically, through M&A and Greenfields."

About Roofing Supply GroupOwned by parent company Clayton, Dubilier & Rice, LLC, Roofing Supply Group, LLC ("RSG") is headquartered in Dallas, Texas, and is one of the largest wholesale distributors of roofing supplies and related materials in the United States. Through its network of 64 locations in 24 states nationwide, RSG provides one-step distribution services from roofing product manufacturers to roofing contractors and homebuilders. Each branch carries a complete line of roofing products for residential and commercial roofing, including composition asphalt shingles, underlayment and associated ancillary products. For more information regarding Greenfields & Acquisitions, please contact Jeff Clay, Vice President Strategic Planning & Corporate Development, at jclay@rsgroof.com or 214.956.5184.

About Clayton, Dubilier & RiceFounded in 1978, Clayton, Dubilier & Rice is a private equity firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. The Firm's partners and advisors include a combination of skilled investment decision-makers and seasoned corporate leaders from major global enterprises. Since inception, CD&R has managed the investment of more than $18 billion in 56 businesses with an aggregate transaction value of approximately $90 billion. The Firm has offices in New York and London. For more information, please visit http://www.cdr-inc.com/.

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Roofing Supply Group Names New Chief Financial Officer

Roofing Inspections, Dayton Ohio - Get Your Roof Inspected by Quality Exterior After Major Storms
Count your blessings that the tree didn #39;t land on your house but know this. Hail and wind can damage your roof and if you don #39;t consider an inspection right ...

By: Rob Breckler

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Roofing Inspections, Dayton Ohio - Get Your Roof Inspected by Quality Exterior After Major Storms - Video

C R Building and Roofing Web Promo Video (Roofers in Solihull, Birmingham and Redditch)
This is a promo video we created for C R Building and Roofing - a well established family company providing new roofs, roof repairs, building and landscaping...

By: Kingpin UK

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C R Building and Roofing Web Promo Video (Roofers in Solihull, Birmingham and Redditch) - Video

Best Roofing Contractor Colorado Springs (303) 756-7663 Call Us Today For A Free Inspection
Best Roofing Contractor Colorado Springs (303) 756-7663 Call Us Today For A Free Inspection! http://advancedexteriors.biz/ http://www.advancedexteriorssolar....

By: Advanced Exteriors Inc.

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Best Roofing Contractor Colorado Springs (303) 756-7663 Call Us Today For A Free Inspection - Video