Increased Prices Drive U.S. Lime Higher in Second Quarter

United States Lime & Minerals Inc. reported second quarter 2024 results. The company’s revenues in the second quarter 2024 were $76.5 million, compared to $74.0 million in the second quarter 2023, an increase of $2.6 million, or 3.5%. For the first six months 2024, the company’s revenues were $148.2 million, compared to $140.8 million in the first six months 2023, an increase…

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Knife River Earns Record Second Quarter Revenue, Income

Knife River Corp. announced financial results for the second quarter ended June 30, reporting record consolidated revenue of $806.9 million, a 3% increase from the prior-year record revenue, driven by price increases in its aggregates product line and increased contracting services revenues. The company also reported record second quarter net income of $77.9 million, compared to net income of $56.8 million in…

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Summit by Segment

Aug. 7, 2024 – Summit Materials’ net revenue increased $395.1 million, or 58.1%, in the second quarter to $1,075.5 million. In the quarter, $464.0 million of net revenue was due to acquisitions, primarily the Argos USA transaction. Geographically, the West Segment operating income decreased $3.9 million to $70.7 million. Adjusted EBITDA decreased $2.9 million, or  2.8%, to $101.6 million in the second quarter largely…

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