June 11, 2019 – According to the U.S. Geological Survey – which just released its first-quarter report – the estimated production-for-consumption of construction aggregates in the first quarter of 2019 increased in five of the nine geographic divisions compared with that sold or used in the first quarter of 2018. With a nice overall increase of almost 9%, it begs the…
Read MoreTag: Q12019
Weather Hampers Granite Construction’s First Quarter
Granite Construction Inc. reported a net loss of $34.6 million for the quarter ended March 31, compared to a net loss of $11.4 million in the first quarter of 2018. Revenue increased to $619.8 million, compared with $563.4 million last year.
Read MoreU.S. Concrete Aggregates Volume Rises 17%
U.S. Concrete Inc. reported results for the quarter ended March 31, including:
Read MoreSummit Materials Aggregates Revenue Rises in First Quarter
Summit Materials Inc. reported a first-quarter 2019 net loss of $68.8 million, compared to a net loss of $53.7 million in the comparable prior-year period.
Read MoreACG Acquisition Drives Arcosa’s First Quarter 2019 Results
Arcosa Inc. announced results for the first quarter ended March 31, 2019. The company is reporting that revenues increased 16% to $410.9 million. Net income increased 25% to $27.7 million; while adjusted net income increased 30% to $28.8 million, excluding non-routine items related to the ACG Materials acquisition.
Read MoreVulcan Looking Good
May 2, 2019 – Vulcan Materials released its first quarter report, with aggregates segment gross profit up 25% to $186 million. According to the company, price growth was positive across all markets served by the company. For the quarter, freight-adjusted average sales price for aggregates increased 5.4% versus the prior-year’s quarter. Excluding mix impact, aggregates prices increased 5.8% compared to the prior-year first quarter.…
Read MoreVulcan’s Aggregates Shipments Up 13% for Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $996.5 million, compared to $854.5 million in the first quarter of 2018. Net earnings were $63 million and Adjusted EBITDA was $193 million in the first quarter. The 15% growth in Adjusted EBITDA was driven by strong aggregates shipments, up 13% year-over-year, and a 5.4% increase in aggregates…
Read MoreMDU Resources Materials Group Takes First-Quarter Loss
MDU Resources Group Inc. reported first quarter earnings of $40.9 million, or 21 cents per share, compared to first quarter 2018 earnings of $42.4 million, or 22 cents per share.
Read MoreMartin Marietta Achieves Record First-Quarter Results
Martin Marietta Materials Inc. reported record results for the first quarter ended March 31, 2019. Total revenues were $939 million versus $802 million in the first quarter of 2018.
Read MoreCemex U.S. Business Up 3% in First Quarter
Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales increased by 1%, reaching $3.2 billion during the first quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 3% on a like-to-like basis during the first quarter of 2019 to $562 million on…
Read More