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. Pricing was particularly strong in Arizona, California, Georgia, Tennessee and Texas. Positive trends in backlogged project work along with demand visibility and customer confidence support continued upward pricing movements throughout 2019.
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