ST. LOUIS, MO -- Huttig Building Products, Inc., a leading domestic distributor of millwork, building materials and wood products, reported net income of $5.1 million in the second quarter of 2015. Net sales reached $175.1 million, representing a 4% increase over net sales of $168.7 million for the prior year's second quarter.
Jon Vrabely, President and CEO, stated, "We are pleased with the continued improvement in our financial performance that we achieved in the second quarter compared to our prior year. The residential housing market is growing, but continues to lag most 2015 industry forecasts. Despite lower than forecasted market growth, through the continued execution of our strategy, we were successful in growing our revenue and gross profit while leveraging the investment we have made in the business over the past several years."
Huttig, currently in its 130th year of business, is one of the largest domestic distributors of millwork, building materials and wood products used principally in new residential construction and in home improvement, remodeling and repair work. Huttig distributes its products through 27 distribution centers serving 41 states. Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.