Summit Materials Inc. announced results for the third quarter ended Oct. 1. Net revenue increased $23.8 million, or 3.6% in the third quarter to $686.0 million, due to increases in average sales prices across all lines of business that more than offset the impact of divestitures.
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North American Business Bolsters Holcim’s Third Quarter
In the third quarter of 2022, Holcim delivered another quarter of record results with net sales of CHF$8,045 million, up 16.3% on a like-for-like basis (LFL) compared to the prior year, or +10.4% of absolute growth. Net sales over the first nine months of 2022 were CHF$22,725 million, or 13.9% higher LFL than the prior-year period.
Read MoreMDU Resources Construction Materials Business Boasts Record Revenues
MDU Resources Group Inc. reported third-quarter earnings on a generally accepted accounting principles (GAAP) basis of $147.9 million, or 73 cents per share, with adjusted earnings of $152.0 million, or 75 cents per share, compared to third quarter 2021 GAAP earnings of $139.3 million, or 68 cents per share.
Read MoreHeidelberg Materials Weathers High Energy Costs
Heidelberg Materials reported that revenue in the third quarter increased by 13% to €15.8 billion (+12% on a like-for-like basis.) Excluding consolidation and exchange rate effects, the rise amounted to 12.3%. In particular, price increases in all group areas contributed to the revenue growth. Changes to the scope of consolidation of €622 million had a negative effect on revenue, while exchange rate…
Read MoreVulcan’s Hill Look Ahead
Aug. 4. 2022 – In its just-released second-quarter report Vulcan Materials’ Chairman and Chief Executive Officer Tom Hill looked into his crystal ball, noting, “We are updating our full-year Adjusted EBITDA guidance range to reflect the considerable pricing momentum in our aggregates business as well as higher than expected energy-related cost inflation that is currently impacting each of our segments. Additionally, our…
Read MoreVulcan’s Aggregates Segment Drives Second Quarter Growth
Vulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations.
Read MoreSummit Materials Aggregates Revenues Rise in Second Quarter
Summit Materials Inc. announced results for the second quarter ended July 2. Net revenue increased $13.4 million, or 2.2% in the second quarter to $631.9 million, due to increases in average sales prices across all lines of business that more than offset volume declines due primarily to divestitures.
Read MoreArcosa Delivers Record Second-Quarter Revenues
Arcosa Inc. announced results for the second quarter ended June 30. The company is reporting revenues of $602.8 million, up 17%; and net income of $39.0 million.
Read MoreGranite Revenues Decrease; Materials Division Revenues Rise
Granite is reporting a second-quarter net loss from continuing operations of $2 million, or $0.05 per diluted share, compared to net income from continuing operations of $25 million, or $0.52 per diluted share, in the same period in the prior year.
Read MoreMartin Marietta Boasts Record Q2 Aggregates, Cement Revenues
Martin Marietta Materials Inc. reported results for the second quarter ended June 30. The company is reporting revenues of $1.524 billion versus $1.295 billion in the second quarter of 2021, a 17.6% increase.
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