Summit Materials Inc. announced results for the first quarter 2021, reporting that net revenue increased $56.1 million, or 16.4% in the first quarter of 2021 to $398.5 million, compared to $342.4 million in the first quarter of 2020, on higher aggregates, ready-mix concrete, cement, asphalt and paving revenue relative to a year ago on strong demand in most markets.
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U.S. Concrete Aggregates Product Revenue an All-Time High
U.S. Concrete Inc. announced results for the quarter ended March 31, noting consolidated revenue was $285.7 million, a decrease of $48.7 million, or 14.6%, compared to the prior year first quarter, primarily as a result of lower ready-mixed concrete volumes. Aggressive cost-containment measures, operating efficiencies and growth from the aggregate products segment helped to mitigate the impact on operating income from lower revenue.
Read MoreMDU Resources Doubles First Quarter Earnings
MDU Resources Group Inc. reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share.
Read MoreHeidelbergCement Reports North American Aggregates Gains
HeidelbergCement noted significant margin increases in the first quarter of 2021, according to the company. Group revenue rose by 1%. Significant margin increases were evident in all regions, particularly in North America, Europe and Africa-Eastern Mediterranean Basin
Read MoreMartin Marietta Sees Good Year Ahead
May 5, 2021 – Martin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020. Looking ahead, Martin Marietta remains confident that favorable pricing dynamics will continue, supported by the company’s locally-driven pricing strategy. Additionally, the company anticipates single-family housing growth, expanded infrastructure investment and notable heavy…
Read MoreVulcan Looks Ahead
May 4, 2021 – Vulcan Materials came out of the gate strong in the first quarter of 2021, reporting an Aggregates segment sales increase of 3% and a gross profit increase of 15%. Management expectations for the remainder of 2021 include the following updates:
Read MoreMartin Marietta Reports Record First-Quarter Consolidated Revenues
Martin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020.
Read MoreVulcan Aggregates Business Rises in First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. First-quarter total revenues were $1.068 billion, versus $1.049 billion in the first quarter of 2020. Net earnings were $161 million. Trailing 12-month totals were $4.876 billion versus $4.982 billion.
Read MoreCat Sales, Revenue Up in First Quarter
Caterpillar reported first quarter 2021 sales and revenues of $11.887 billion compared with $10.635 billion in the first quarter of 2020, a 11.8% increase. The company’s Construction Industries Division posted total sales of $5.459 billion in the first quarter of 2021, an increase of $1.153 billion, or 27%, compared with $4.306 billion in the first quarter of 2020.
Read MoreCEMEX U.S. Sales Up 5% in First Quarter
CEMEX, S.A.B. de C.V. announced strong results in the first quarter of 2021 with EBITDA growing on a year-over-year basis in all regions. Consolidated net sales increased 9%, on a year-over-year basis to $3.4 billion in the first quarter of 2021.
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