As with so many industries, the COVID-19 pandemic has created new challenges for the construction-materials industry. Granite is being proactive in meeting these challenges.
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Granite Publishes Sustainability Progress Report
Granite published its 2019 Sustainability Progress Report, which highlights the company’s advancement on environmental, social, governance and economic initiatives.
Read MoreGranite Says Financial Drivers Healthy, Stable
Granite Construction Inc. provided an update regarding the company’s operations and the impacts of the COVID-19 pandemic along with first quarter 2020 preliminary select financial information.
Read MoreGranite Receives Two Public Works Project of the Year Awards
Aggregates producer and construction contractor Granite was selected as the recipient of two American Public Works Association’s (APWA) 2019 Public Works Project of the Year Awards for infrastructure projects publicly developed, owned and maintained, that promote excellence in construction management and administration. These awards recognize the alliance between the managing agency, the contractor, the consultant, and their cooperative achievements.
Read MoreWeather Hampers Granite Construction’s First Quarter
Granite Construction Inc. reported a net loss of $34.6 million for the quarter ended March 31, compared to a net loss of $11.4 million in the first quarter of 2018. Revenue increased to $619.8 million, compared with $563.4 million last year.
Read MoreFIRST LOOK – MAY 2019
TOP NEWS Granite Voted Most Ethical Granite Construction Inc. has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies. Record-Breaking bauma With more than 620,000 visitors from more than 200 countries, bauma 2019, the world’s leading trade fair for construction machinery,…
Read MoreGranite Named One of World’s Most Ethical Companies
Granite Construction Inc. has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies.
Read MoreGranite Construction Reports Strong Third Quarter
Granite Construction Inc. reported that third quarter 2018 revenue was up 10.3 percent year-over-year to $1.06 billion. Third quarter 2018 net income of $55.7 million was an increase of 21.1 percent from net income of $46.0 million in the third quarter of 2017.
Read MoreGranite Construction’s Materials Revenue Increases 27.5 Percent
Granite Construction reported a net loss of $8.4 million for the quarter ended June 30, compared to a net income of $14.1 million in the second quarter of 2017. Second quarter 2018 results include the impact of acquisition expenses of Layne Christensen Company and LiquiForce. Excluding the impact of these expenses, second quarter adjusted net income was $17.9 million, or $0.43…
Read MoreGranite 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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