Installed Building Products (IBP) Tops Q4 EPS by 8c, Revenue Beat
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Installed Building Products Reports Record Results for Fourth Quarter and Fiscal Year 2018
February 28, 2019 7:00 AM EST- Record Annual Revenues and Earnings
- Strong Price / Mix Growth in Fourth Quarter
- Completed 12 Acquisitions Representing Approximately $83 Million of Annual Revenues
- Returned $89.4 Million of Capital to Shareholders Through Repurchase Program During 2018
COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced record results for the fourth quarter and fiscal year ended December 31, 2018.
Fourth Quarter 2018 Highlights
Net revenue increased 17.8% to a record $353.1 million... More