918646--5/27/2009--EAGLE_MATERIALS_INC

related topics
{condition, economic, financial}
{cost, regulation, environmental}
{operation, natural, condition}
{debt, indebtedness, cash}
{stock, price, operating}
{interest, director, officer}
{gas, price, oil}
We are affected by the level of demand in the construction industry, which is currently experiencing a significant downturn. Our customers participate in cyclical industries, which are subject to industry downturns. Volatility and disruption of financial markets could negatively impact our customers and therefore our results of operations. Volatility and disruption of financial markets could affect access to credit. The value of investments are influenced by economic and market conditions. Our business is seasonal in nature, and this causes our quarterly results to vary significantly. Our operations and our customers are subject to extensive governmental regulation, which can be costly and burdensome. Our products are commodities, which are subject to significant changes in supply and demand and price fluctuations. We are subject to the risk of unfavorable weather conditions during peak construction periods and other unexpected operational difficulties. Our results of operations are subject to significant changes in the cost and availability of fuel, energy and other raw materials. We may become subject to significant clean-up, remediation and other liabilities under applicable environmental laws. Our debt agreements contain restrictive covenants and require us to meet certain financial ratios and tests, which limit our flexibility and could give rise to a default if we are unable to remain in compliance. Increases in interest rates could adversely affect demand for our products, which would have an adverse effect on our results of operations. Our production facilities may experience unexpected equipment failures, catastrophic events and scheduled maintenance. Significant changes in the cost and availability of transportation could adversely affect our business, financial condition and results of operations. This report includes various forward-looking statements, which are not facts or guarantees of future performance and which are subject to significant risks and uncertainties.

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