Summit Materials’ Integrated, Materials-Based Model Drives Success

Summit Materials Inc. announced that for the 12 months ended Dec. 31, 2016, the company’s net income was $36.8 million and adjusted net income was $98.3 million. For the three months ended Dec. 31, 2016, the company is reporting a net loss of $300,000 and adjusted net income of $21.0 million.

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Martin Marietta Materials Reports Record Results

Martin Marietta Materials Inc. reported record results for the fourth quarter and full year 2016. For the fourth quarter of 2016, Martin Marietta achieved net sales of $889.0 million compared with $780.8 million in the 2015 fourth quarter; EBITDA was $229.7 million compared with $204.4 million; and earnings per diluted share were $1.55 compared with $1.26.

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