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Europe-exposed U.S. construction suppliers to trail domestic peers

2015-01-24 11:41:30| Furniture - Topix.net

U.S. construction materials suppliers that have a sizeable exposure to European housing markets are expected to report slower revenue growth this year than their domestic peers due to cooling housing demand on the continent and a stronger dollar. The uncertainty bodes especially ill for Masonite International Corp, Armstrong World Industries Inc , Mohawk Industries Inc and Masco Corp, which get nearly a fifth of their revenues from Europe.

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