Sales volumes of cementitious products, total and ready-mix concrete increased in the first quarter compared with last year, reflecting an early start to the construction season as a result of good weather conditions in our markets.
With price increases in all products and higher demand for construction materials, the Ontario division increased sales to US$90.0m for the first quarter compared with US$80.1m for the same period last year. As a result, the operating loss decreased to US$12.3m compared with US$16.5m for the first quarter of 2005.