Vulcan Materials Looks Ahead

Nov. 5, 2020 – Vulcan Materials’ Chairman and Chief Executive Officer Tom Hill – on the heels of the company’s third-quarter report – looked into his crystal ball, and stated, “Going into 2020, we expected shipment growth; however, in March, that trajectory was disrupted by COVID-19 and the resulting shelter-in-place ordinances. Since then, the economic uncertainty and the evolving nature of the pandemic…

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Vulcan Looks Ahead

Aug. 4, 2020 – Vulcan Materials released its second-quarter report and aggregates sales were up. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “Although the economic environment is showing signs of improvement, the pandemic’s effect on demand and the broader economy remains unclear. As a result, we are not reinstating earnings guidance at this time. While demand is…

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FIRST LOOK – JUNE 2020

TOP NEWS Summit Materials’ Aggregates Volumes Increase Summit Materials Inc. reported that net revenue increased by 11.9% to $342.4 million in the first quarter 2020, versus $306.0 million in the prior-year period. The improvement in net revenue was primarily attributable to organic volume and price growth in ready-mix concrete and aggregates. Martin Marietta Reports Strong First Quarter Martin Marietta Materials…

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