Taiga Building Products Thursday reported its financial results for the three and six months ended September 30, 2015.
Sales for 2Q increased to $388 million from $383.6 million in the same quarter last year. The increase in sales by $4.4 million or 1.2 per cent was largely due to increased demand in the US.
Gross margin for 2Q was $33.6 million compared to $34.4 million in the same quarter last year.
Net earnings for the quarter decreased to $4.6 million from $5.7 million in the same quarter last year primarily due to decreased gross margin dollars.