Summit Aggregates Segment Hangs Tough

Oct. 28, 2020 – Summit Materials reported that net revenue increased $38.5 million to $1,562.9 million in the nine months ended Sept. 26, primarily resulting from organic growth in aggregates and ready-mix concrete. Aggregates sales volumes increased 3.1% in the third quarter 2020 when compared to the prior-year period on higher volumes in Texas, partially offset by lower volumes in Missouri, Kentucky and British Columbia. Average…

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Summit Materials Reports Mixed Results for Third Quarter

Summit Materials Inc. announced results for the third quarter of 2020. For the three months ended Sept. 26, the company reported net income attributable to Summit Inc. of $90.7 million, or $0.79 per basic share, compared to net income attributable to Summit Inc. of $55.8 million, or $0.50 per basic share in the comparable prior-year period. Summit reported adjusted diluted net income…

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