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For the nine months ended 30 September 2020,Foundation Building Materials Inc revenues decreased 7% to$1.53B. Net income before extraordinary items increased 12%to $36M. Revenues reflect a decrease in demand for theCompany's products and services due to unfavorable marketconditions. Net income reflects Selling, General &Administrative Expens decrease of 66% to $114.3M (expense),Operating lease cost decrease of 68% to $8.8M (expense).
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Revenue | 521.26 | 486.09 | 524.26 | 514.84 |
Gross Profit | 154.41 | 145.66 | 162.16 | 160.32 |
Operating Income | 19.88 | 20.11 | 28.4 | 16.79 |
Net Income | 11.8 | 9.86 | 14.38 | 9.38 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Assets | 1342.11 | 1364.49 | 1537.02 | 1411.76 |
Total Liabilities | 897.69 | 935.07 | 1120.99 | 1003.59 |
Total Equity | 444.43 | 429.42 | 416.03 | 408.17 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 147.18 | 115.3 | 27.72 | 145.72 |
Cash From Investing Activities | -33.03 | -20.95 | -19.64 | -62.52 |
Cash From Financing Activities | -113.17 | -80.83 | 115.98 | -81 |
Net Change in Cash | 0.91 | 13.36 | 123.47 | 2.47 |
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