Builders continue to make money
Builders FirstSource (I just wonder why they don’t write it separately) reports ca. 12% turnover growth and 41% net income growth. Company manufactures structural products for construction industry.
Another company that is doing well is called Beazer Homes USA. They are a builder company in classic sense because their core business is that they build houses and then sell them.
Apart the fact that these real estate related construction companies are getting excellent financial results, another similarity between them is the nature of their business. Both companies are growing to be big national players in the States actually they already are big national players. This traditionally fragmented industry is now consolidating fast.
