Arcosa Inc. reported that total revenues increased 15% to $498.5 million in the second quarter. Construction materials revenues increased 28% to $148.2 million in the second quarter, driven primarily by the acquisition of Cherry Industries. “In our legacy construction aggregates businesses, natural aggregates revenues were higher due to a robust increase in volume, partially offset by weakness in our plants…
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MDU Resources Group Reports Record Earnings
MDU Resources Group Inc. reported second quarter earnings of $99.7 million, or 50 cents per share, a 61% increase over second quarter 2019 earnings of $61.8 million, or 31 cents per share. For the six months ended June 30, MDU Resources earned $124.8 million, or 62 cents per share, compared to $102.7 million, or 52 cents per share, in 2019.
Read MoreU.S. Concrete Aggregate Products Revenue an All-Time High
U.S. Concrete Inc. reported results for the quarter ended June 30. Consolidated revenue was $322.7 million, versus $367.5 in the second quarter of 2019. However, operating income more than tripled from the prior-year second quarter to $21.6 million.
Read MoreVulcan Aggregates Sales Rise in Second Quarter
Vulcan Materials Co. announced results for the quarter ended June 30. Total revenues were $1.323 million versus $1.328 million in the second quarter of 2019. Year-to-date revenues were $2.372 million versus $2.324 million in the first six months of 2019.
Read MoreLafargeHolcim Calls North American Performance ‘Remarkable’
LafargeHolcim reported half-year sales of CHF$10.7 million versus CHF$13 million during the same period in 2019. North American sales of aggregates reached 45.2 million metric tons (Mt) in the first half of 2020 versus 45.7 Mt in the first half of 2019, a decline of 1.1%. Cement sales were off slightly while ready mixed sales were up.
Read MoreCat Sales and Revenues Plunge 31%
Caterpillar Inc. announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020,…
Read MoreEagle Reports Record Revenue, Including Aggregates Gains
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2021 ended June 30. The company is reporting record revenue of $428.0 million, up 15%.
Read MoreMartin Marietta’s Second Quarter
July 28, 2020 – Martin Marietta reported a decrease in aggregates shipments in the second quarter, although company gross profit hit record amounts. But what about the company’s other segments? Second-quarter cement shipments decreased 2.7%, driven by reduced demand for West Texas oil-well specialty cement products caused by historically low oil prices. While cement pricing increased attractively in North Texas, Houston, and portions of…
Read MoreMartin Marietta Aggregates Shipments Down; Gross Profit Up
Martin Marietta Materials Inc. reported results for the second quarter ended June 30. Revenues were $1.271 billion for the quarter, down from $1.279 billion in the second quarter of 2019; however, gross profit was a record $380 million versus $357 in the second quarter of 2019.
Read MoreBig News from Summit
July 22, 2020 – With the economic impact of COVID-19 taking its toll nationwide, many people wondered what the publicly traded aggregates companies would report for the second quarter. We have the first report, from Summit Materials, and it is a good one. For the three months ended June 27, organic sales volumes increased 2.6% in aggregates. Aggregates net revenues increased by $1.3 million to $130.0…
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