Huttig Building Products Inc. saw net sales jump up six percent in the third quarter, which ended September 30, 2016.

“We are pleased with our performance in the third quarter, especially in light of the sluggish growth in the single-family new construction segment in recent months,” said Jon Vrabely, Huttig’s president and CEO. “We expect to see continued growth and profitability as we execute on our strategies to accelerate our growth, and invest in our people and in our technology platform.”

Net sales were $192.8 million in third third quarter of 2016, which was $11.1 million higher than in 2015. The increase was primarily due to higher levels of construction activity, the addition of a new product line and the acquisition that was completed during the second quarter of 2016. Sales increased in all product categories compared to 2015. Millwork sales increased ten percent to $97.4 million, primarily due to increased construction activity and the acquisition. Building products sales increased 2 percent to $76.9 million. Wood product sales increased 8 percent to $18.5 million.

Gross margin increased 11 percent to $41.4 million compared to $37.2 million in the third quarter of 2015. As a percentage of sales, gross margin increased to 21.5 percent from 20.5 percent in 2015. The increase in gross margin percentage was primarily due to our operational initiatives as well as improved product mix.

Adjusted earnings were $9.2 million, representing a 21-percent increase over the same period the prior year.

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