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…
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Vulcan’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.
Read MoreUnited States Lime & Minerals Reports Increased Revenues
United States Lime & Minerals Inc. reported second quarter 2022 results. The company’s revenues in the second quarter of 2022 were $60.5 million, compared to $49.2 million in the second quarter 2021, an increase of $11.3 million, or 23.0%.
Read MoreEagle Materials Touts Record Revenue Despite Logistical Challenges
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2023 ended June 30. The company is reporting record revenue of $561.4 million, up 18%; and record net earnings of $105.0 million, up 10%.
Read MoreCEMEX U.S. Business Up 15% in Second Quarter
CEMEX, S.A.B. de C.V. announced continued solid top line growth, with second-quarter net sales of $4.080 million, an increase of 11%. Pricing was the main driver with cement, ready-mix and aggregates, increasing 16%, 12% and 14%, respectively.
Read MoreHolcim Reports Record Sales in First Half
Holcim is reporting record net sales of CHF$14,681 million for the first half of 2022, up 16.9% in Swiss francs and 12.7% on a like-for-like basis compared to the prior year. The increase was driven by sales growth in all segments. Net sales in the second quarter alone were CHF$8,240 million, or 13.6% higher like-for-like than the prior-year period.
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