Public Companies Are Reporting a Mixed Bag

The publicly traded aggregates companies reported results for the fourth quarter and full-year 2024. Here are some of the highlights: Vulcan Materials reported that fourth quarter Aggregates segment gross profit increased 15% to $486 million ($9.02 per ton). Aggregates shipments decreased 3%, reflecting underlying demand as well as the benefit of favorable weather in most markets throughout the quarter. Martin…

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Software Developer CheckProof Builds North American Base

CheckProof, Swedish developer of Software as a Service Maintenance, Quality and Environment, Health & Safety programs, has registered a Houston-based subsidiary, CheckProof U.S. Inc., to serve North American cement, aggregate, ready mixed concrete and asphalt producers. The firm announced the subsidiary during the AGG1 and World of Asphalt gatherings, March 25-27 in St. Louis.  The agile, frontline-friendly and intuitive CheckProof…

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Heidelberg Materials Delivers Positive Results for 2024

Heidelberg Materials reported that in 2024, group revenue remained stable at €21.2 billion. Results from current operations (RCO) climbed to €3.2 billion, up 6%. Specific net CO₂ emissions were reduced by a further 1.3% to 527 kg/t of cementitious material compared with the previous year, while the share of sustainable revenue in the cement business line continued to increase to…

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Heidelberg Materials Touts ‘Persistently Strong Performance in North America’

Heidelberg Materials reported that it closed the third quarter of 2024 with a strong performance. The company increased its result from current operations before depreciation and amortization (RCOBD) by 3% to €1,451 million (previous year: 1,393), while further improving its RCOBD margin by 39 basis points to 25.2% (previous year: 24.8). The result from current operations (RCO) grew by 3%…

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First Look – August 2024

TOP NEWS Heidelberg MaterialsHeidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Holcim USHolcim US has acquired King William Sand & Gravel Co. Inc., a private company with a long-standing presence in King William County, Va. With this strategic transaction, Holcim…

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North American Acquisitions Drive Heidelberg Materials’ Second Quarter

Heidelberg Materials reported solid performance in the second quarter of 2024. While revenue declined slightly in comparison with the same quarter of the previous year, by €71 million or 2% to €5,506 million (previous year: €5,577), the company increased its result from current operations (RCO) by €40 million or 5% to €971 million (previous year: €931) in a persistently challenging…

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Heidelberg Materials Acquires Carver Sand & Gravel

Heidelberg Materials North America announced that it has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, N.Y., area.  Included in this acquisition are four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million metric tons of reserves and about 200 employees. Heidelberg Materials and…

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Heidelberg Materials Acquires Pennsylvania; Texas Operations

Heidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market.  Included with this acquisition are four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility, a construction services business and more than 350 employees. Earlier this…

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Heidelberg Materials North America Touts Quarry Life Award

Heidelberg Materials North America announced the kickoff of – and encourages participation in – the sixth edition of the Quarry Life Award, a nature-based competition across more than 15 countries worldwide. Researchers, students, local communities, NGOs and nature lovers can pitch ideas for sustainable quarry management and compete for cash prizes.

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