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Thanks in part to higher sales to North American and European RV manufacturers, Euramax International Inc., Norcross, Ga., reported higher sales and sharply higher earnings for the third quarter and first nine months of this year.
Euramax is the parent of Amerimax Building Products Inc., a supplier of aluminum and fiberglass products to North American RV builders. European subsidiary of the parent company also supplies doors and windows to RV builders in Europe.
Euramax, a closely-held company, reported its net earnings soared 98% higher for the three months ended Sept. 27 to $6.8 million. Its sales during the July-through-September period increased 10% to $175.2 million.
The company’s net earnings increased more than fourfold during the first nine months of this year to $17.5 million. Its sales for the nine-month period increased 7% to $479.8 million.