Martin Marietta Climbs to Record Q2 Revenues; Profits

Martin Marietta Materials is reporting record revenues, profits and diluted earnings per share for its second quarter. The company’s gross revenues climbed to $1.20 billion, up from $1.06 billion in the second quarter of 2017. The company’s gross profit hit $316 million, versus $274 million in the second quarter of 2017.

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Volvo Sales Up 32 Percent

A combination of competitive products and high demand in most markets saw Volvo Construction Equipment (Volvo CE) report net sales in the second quarter of 2018 that were up by almost a third, rising 32 percent compared to the same period in the year before. Good cost control as volumes return also resulted in strong improvement in profitability. Net sales…

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Granite Construction Materials Revenue Spikes in First Quarter

Granite Construction reported that revenue increased to $563.4 million, up 20.3 percent year-over-year for the quarter ended March 31, 2018. Construction Materials revenue increased 32.5 percent to $45.7 million, compared with $34.5 million last year. However, the company reported a net loss of $11.4 million, compared to a net loss of $23.8 million in the first quarter. 

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Summit Materials Reports Revenue Increase; Weather-Related Losses

Summit Materials Inc. announced results for the first quarter 2018. Net revenue increased by 11.9 percent to $289.9 million in the first quarter 2018, versus $259.0 million in the prior-year period. The improvement in net revenue was primarily attributable to acquisition-related contributions in the East and West segments, coupled with organic growth in the West Segment. 

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