Quanex Building Products Reports First Quarter 2014 Results

Date: 11 March 2014
Source: www.quanex.com

Date: 11 March 2014

Quanex Building Products Corporation (NYSE:NX), a leading supplier of window and door components, today released results for its first fiscal quarter ended January 31, 2014.

The Engineered Products Group (EPG) reported record first quarter revenues driven by double-digit year over year growth rates."The momentum that we started to see in the fourth quarter of last year carried over into what is historically our weakest quarter," Chairman, President and CEO Bill Griffiths said. "Including Aluminite on a pro-forma basis, we have seen average growth rates of 13.4% for the last two quarters. While some of this is attributable to winter inventory builds at our customer's facilities, it is further evidence of the optimism around a continued recovery in 2014."

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