LafargeHolcim reported third-quarter net sales growth of 4.1 percent year-on-year. The company said it delivered solid like-for-like operating EBITDA Adjusted Growth in the third quarter with positive contributions from Latin America, North America and Europe.
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Cemex U.S. Business Up 2 Percent
Cemex, S.A.B. de C.V. announced that consolidated net sales reached $3.5 billion during the third quarter of 2017, representing an increase of 2 percent, or an increase of 1 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016. Operating EBITDA decreased by 8 percent during the quarter to $702 million versus the same…
Read MoreSummit Materials Sees Double-Digit Increases in Third Quarter
Summit Materials Inc. announced results for the third quarter 2017. Operating income increased by 28.8 percent to $113.9 million in the third quarter 2017, versus $88.4 million in the prior year period. For the three months ended Sept. 30, 2017, the company reported diluted net income per share of $0.72 on net income of $79.1 million, compared to diluted earnings…
Read MoreCRH to Acquire Ash Grove Cement
Ash Grove Cement Co. announced that it has entered into a definitive merger agreement with CRH plc, under which CRH plc will acquire Ash Grove in a transaction valuing Ash Grove at $3.5 billion on an enterprise value basis.
Read MoreVance Named President, CEO of Ash Grove Cement
Ash Grove Cement announced that J. Randall Vance, president and chief operating officer, has been promoted to president and chief executive officer. Charles Sunderland, chairman and chief executive officer and part of the fourth generation of Sunderland family members to lead the majority family-owned business, will remain chairman of the board. “Randy has demonstrated effective leadership for Ash Grove’s largest…
Read MoreSummit Materials Aggregates Revenue Sees Healthy Increase
Summit Materials Inc. announced results for the second quarter 2017. For the three months ended July 1, 2017, the company reported basic earnings per share of $0.47 on net income of $50.0 million, compared to basic earnings per share of $0.21 on net income of $13.4 million in the prior year period. Operating income increased by 75. percent to $82.4…
Read MoreEagle Materials Reports Strong First Quarter
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2018 ended June 30, 2017. The company is reporting record revenues of $366.1 million, up 23 percent.
Read MoreLafargeHolcim Notes U.S. Business Gains in Second Quarter
LafargeHolcim reported that net sales rose 3.6 percent like-for-like in the second quarter of the year.
Read MoreAggregates Production Dips in First Quarter
The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2017 was 426 million metric tons (Mt), a decrease of 3 percent compared with that of the same period of 2016. The revised estimated annual output produced for consumption in 2016 was 2.30 billion metric tons (Gt), a slight increase compared with the…
Read MoreEagle Materials’ Concrete and Aggregates, Cement Revenues Spike
Eagle Materials Inc reported financial results for fiscal year 2017 and the fiscal fourth quarter ended March 31, 2017. Notable items for the fiscal year and quarter include:
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