The publicly traded aggregates companies reported results for the fourth quarter and full-year 2024. Here are some of the highlights: Vulcan Materials reported that fourth quarter Aggregates segment gross profit increased 15% to $486 million ($9.02 per ton). Aggregates shipments decreased 3%, reflecting underlying demand as well as the benefit of favorable weather in most markets throughout the quarter. Martin…
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First Look – March 2025
TOP NEWS CemexCemex reported its fourth quarter and full-year 2024 results, with net income of $939 million, a record in the company’s recent history. Net sales decreased by 1% to $16,200 million in 2024 and remained flat at $3,811 million in the fourth quarter. Cemex’s operations in the United States reported sales of $5,194 million in 2024, a decrease of…
Read MoreEagle Materials Scores Record Revenue, Earnings
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2025 ended June 30, noting record revenue of $608.7 million, up 1%; and record net earnings of $133.8 million, up 11%. Commenting on the first quarter results, Michael Haack, president and CEO, said, “Fiscal 2025 is off to a solid start for Eagle, with record revenue of $608.7…
Read MoreEagle Materials Had Record Year in Fiscal 2024
Eagle Materials Inc. reported financial results for fiscal year 2024 and the fiscal fourth quarter ended March 31, including record revenue of $2.3 billion, up 5% and record net earnings of $477.6 million, up 3%. For the fourth quarter, the company is reporting revenue of $476.7 million, up 1% and net earnings of $77.1 million, down 23%. Fiscal 2024 revenue…
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing.
Read MoreMSHA Impact Inspections Target 16 Mines in 11 States in December
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 11 states in December 2023, issuing 247 violations. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. MSHA’s impact inspections in 2023 identified 2,739 violations,…
Read MoreEagle Materials Reports Record Third Quarter Results
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2024 ended Dec. 31, 2023. The company is reporting record revenue of $558.8 million, up 9% and record net earnings of $129.1 million, up 10%.
Read MoreTerra CO2, Eagle Materials to Operate Low-Carbon Cementitious Plants
Terra CO2, a developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
Read MoreMSHA Details October 2023 Impact Inspections
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 13 mines in 10 states in October 2023, issuing 215 violations.
Read MoreEagle Materials Achieves Record Revenue in Second Quarter
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2024 ended Sept. 30, including record revenue of $622.2 million, up 3% and record net earnings of $150.6 million, up 8% Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $426.9 million, a 10% increase. Heavy Materials operating…
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