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Lead Coated Copper from Roofing
http://iscrapapp.com - Joe shows the iScrap App audience how to use a file to recognize lead-coated copper. This can be found from roofs and will go at a pri...
By: iScrap App
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Lead Coated Copper from Roofing - Video
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Self build a Potton barn update 4 - First fixings, electrics, rainwater harvesting and roofing
Brent Ackerman, Project Manager, discussing the quick watertight construction and roofing, pre-painted timber featheredge cladding and Velux rooflight. Brent...
By: Potton Self Build Homes
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Self build a Potton barn update 4 - First fixings, electrics, rainwater harvesting and roofing - Video
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Philadelphia, PA (PRWEB) August 09, 2013
Cannon Roofing and Siding, a renowned roofing contractor in Flourtown, and nearby area Factory-Certified by GAF Materials Corporation, is now the North America's Largest Roofing Manufacturer. The company has also started to offer its services dedicated towards commercial roofing.
One representative at G. Cannon Roofing and Siding stated, We specialize in all types of roofing installation, including complex commercial roofing projects. We understand the diversity of the commercial roof systems, and are certified by the leading manufacturers of commercial roofing material to install their products. We also hold a PA license with the S280 and R100 Primary Classification, which qualifies us for all types of roof installation, and construction, both residential as well as commercial.
The Smart Choice System Plus Ltd. Warranty from it gives clients get extended protection for entire Weather Stopper Integrated Roofing SystemTM. G Cannon Roofing and Siding deals in both residential and commercial roofing and provides many other services including windows, siding, gutters etc.
Also, all their services are fully insured and carry up to 2 million dollars in liability coverage for the protection. Cannon Roofing and Siding specializes in all types of roofing installation from complex commercial roofing projects to more customized residential roofing projects. Their roofers in Ambler the diversity of the roofing systems and suggest the most competent one to their clients.
About G. Cannon Roofing and Siding G. Cannon Roofing and Siding, certified by GAF Materials Corporation, provides the Weather Stopper Integrated Roofing System. The Smart Choice System Plus Ltd. Warranty from it gives clients get extended protection for entire Weather Stopper Integrated Roofing SystemTM. G Cannon Roofing and Siding deals in both residential and commercial roofing and provides many other services including windows, siding, gutters etc. Their foremen and installers are factory-trained in the best roofing techniques and are always studying ways to improve the features of roof and energy efficiency.
To know more or collect more information please visit: http://www.cannonroofingandsiding.com/
Contact: Cannon Roofing and Siding 368 Abrams Mill Road King of Prussia PA 19406 (484) 653-5800
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Residential Roofing Expert, Cannon Roofing and Siding Now Offers Commercial Roofing Services
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PEABODY, Mass.--(BUSINESS WIRE)--
Beacon Roofing Supply, Inc. (the Company) (BECN) announced results today for its third quarter and nine months ended June 30, 2013 of the fiscal year ending September 30, 2013 (fiscal 2013).
Paul Isabella, the Companys President & Chief Executive Officer, stated: We experienced a challenging demand environment during the third quarter of fiscal 2013, however we still recorded double-digit growth with sales up 12% over last year. Our total sales benefited from the positive impact of several acquisitions made since the start of last year, as well as a 1.2% increase in organic sales in the quarter. In addition to 19 branches acquired so far this year, we also opened two branches in this years third quarter and three new branches year to date. Our sales growth occurred despite unusually heavy rains and other harsh weather factors in many of our markets that delayed Spring and early Summer roofing activities, as well as the negative impact from fewer hail storms during fiscal 2013 than in the prior year. The soft demand led to pricing pressures that negatively impacted our gross margins, although our continued focus on expense controls enabled us to limit the impact on earnings. Our fourth quarter sales volumes are off to a good start and we will continue to focus on opening new branches, smart acquisition growth and improving our gross margins.
Third Quarter
Total sales increased 11.9% to $627.2 million in 2013 from $560.5 million in 2012. Existing market (organic) sales, which exclude branches acquired after the beginning of last years third quarter, increased 1.2%. In existing markets, residential and non-residential roofing product sales increased 0.2% and 1.1%, respectively, while complementary product sales increased 5.2%. The 2013 sales performance was unfavorably affected by heavy rains in several regions and fewer hail storms.
Net income for the third quarter was $27.2 million compared to net income of $25.4 million in 2012. The third quarter diluted income per share was $0.55 in 2013 compared to an adjusted $0.62 in 2012. This decline was due primarily to lower gross margins from product cost increases that have not been consistently passed through to customers due to the soft demand environment. Although operating expenses were up in total, they were down as a percentage of sales resulting from continued cost controls and sales base growth. The 2013 diluted income per share was negatively impacted by approximately $.02 per share compared to 2012 by a higher base of shares outstanding. Earnings in the third quarter of fiscal 2012 were impacted by the following charges: $4.9 million ($2.9 million net of taxes), or approximately $0.06 diluted earnings per share, for costs resulting from the Companys refinancing in April 2012; and $1.3 million, or approximately $0.03 diluted earnings per share, from the increase in the liability for consideration due for the Enercon acquisition.
Earnings before interest, taxes, depreciation and amortization, and stock-based compensation (Adjusted EBITDA), which is reconciled to the net income in this press release, was $58.0 million in 2013 compared to $60.2 million in 2012, a decrease of 3.6%.
Nine Months
Total sales increased 7.7% to $1.56 billion in 2013 from $1.45 billion in 2012. Existing market (organic) sales, which exclude branches acquired after the beginning of last year, declined 2.0% (2.5% on a same day basis). There was one additional business day in this years nine months. In existing markets, residential and non-residential roofing product sales decreased 1.6% and 4.8%, respectively, while complementary product sales increased 5.0%. The comparison of the 2013 nine month sales to 2012 was unfavorably affected by last years high level of re-roofing activities, including the beneficial impact from mild weather in the first half of 2012 and strong business in several markets in the first quarter of 2012 that experienced significant storms in 2011. In addition, as discussed above, this years third quarter business was negatively affected by numerous rain events.
Net income for the nine months was $45.2 million compared to $47.7 million in 2012, a decrease of 5.2%. Nine month adjusted diluted net income per share was $0.90 compared to an adjusted $1.07 in 2012. The lower net income was due primarily to less favorable weather conditions and the other factors mentioned above for the third quarter decline in comparable net income. This years nine months included a $2.6 million credit to interest expense ($1.5 million net of taxes), $0.03 per share, resulting from adjustments in the fair values of prior interest rate derivatives, and a $0.9 million charge ($0.5 million net of taxes), $0.01 per share, for termination benefits. Last years nine month net income included charges of $4.9 million ($2.9 million net of tax), $0.06 per share, associated with last years refinancing and an unfavorable $0.3 million year-to-date adjustment, $.01 per share, to the Enercon consideration.
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Beacon Roofing Supply Reports Third Quarter 2013 Results
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Affordable roofing contractor jonesboro ga| Call 770-450-4488 | affordable roofing company jonesboro
Affordable roofing contractor jonesboro ga - Call 770-450-4488. http://roofersatlantaga.com Looking for the most affordable roofer in jonesboro ga? look no f...
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Affordable roofing contractor jonesboro ga| Call 770-450-4488 | affordable roofing company jonesboro - Video
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LB04TZY - SMIDGAF pull out Parkwood Roofing
After passing another vehicle, I saw this van about to pull out from the right. Thinking he would do the sensible thing and pull into the left lane, I stayed...
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LB04TZY - SMIDGAF pull out Parkwood Roofing - Video
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Northern California Roofing Company Reroof Project on Brennan Pl. in Vacaville, CA 2013
Roof Consultant: JC Clark Crew: Ramon Radillo Date: July 25, 2013 Reroof Comp to GAF Timberline HD.
By: NorthernCalRoofingCo
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Northern California Roofing Company Reroof Project on Brennan Pl. in Vacaville, CA 2013 - Video
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Roofing Bethlehem PA - (484) 241-4333, Free Estimates Roof Inspection
Roofing Bethlehem PA, Call for free estimates: 484-241-4333 http://www.agehr.org/roofing/bethlehem-pa/ Need a roof repair done ASAP? Have a roof leak? Missin...
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Roofing Bethlehem PA - (484) 241-4333, Free Estimates
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Roofing Easton PA Call (484) 241-4333 for a roof free estimate
Roofing Easton PA Call (484) 241-4333 for a roof free estimate http://www.agehr.org/roofing/easton-pa/ Are you looking for an experienced, trusted, award win...
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Roofing Easton PA Call (484) 241-4333 for a roof free estimate - Video
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DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/c7qjjj/roofing_siding) has announced the addition of the "Roofing, Siding & Insulation Wholesaling in the US" report to their offering.
Patching Up: Rebounding Construction Markets Will Revive Demand For Industry Products
After a sluggish construction market stunted its growth, the industry is set for a recovery. The anticipated rise in housing starts and renewed demand from the commercial building sector will propel demand for roofing, siding and insulation. Additionally, growing disposable incomes means that consumers will have more money to spend on home improvement projects, giving the industry another boost. To expand their geographic reach and gain market share, large wholesalers will acquire smaller competitors.
This industry comprises establishments that wholesale nonwood roofing and nonwood siding and insulation materials. Sales are typically direct to building contractors, large retail hardware chains and small, independent hardware stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Key Topics Covered
ABOUT THIS INDUSTRY
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
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Research and Markets: Roofing, Siding & Insulation Wholesaling in the US - 2013 Report
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