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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FIRST LOOK – December 2016
TOP NEWS Martin Marietta Sets Records Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter…
Read MoreConstruction Materials Stocks Booming
Shares of construction-materials companies powered higher in the days after the presidential election, with some climbing the ladder to all-time highs, amid expectations that a Donald Trump presidency will line the pockets of road and bridge fixers and the potential builders of his border wall.
Read MoreMartin Marietta Scores Record Sales, Profits and Earnings
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter were impacted by significant rainfall and…
Read MoreHeadwaters MB Aggregates Market Report
In This Updated Analysis Prepared for Rock Products, Headwaters MB Looks At Second-Quarter 2016 Aggregates-Industry Trends Such As Mergers, Stone Production and Pricing. By Brian Krehbiel
Read MorePermitting – September 2016
Martin Marietta Distribution Center Plan Under Fire • Rogers Group Quarry Case May Go to State Court • Lehigh Hanson Abandons Canadian Site • Lehigh Hanson Abandons Canadian Site
Read MoreHeadwaters MB Aggregates Market Report
IN THIS UPDATED ANALYSIS PREPARED FOR ROCK PRODUCTS, HEADWATERS MB LOOKS AT SECOND-QUARTER 2016 AGGREGATES-INDUSTRY TRENDS SUCH AS MERGERS, STONE PRODUCTION AND PRICING. By Brian Krehbiel
Read MoreMartin Marietta Elects New Board Members
Martin Marietta Materials Inc. announced that a new independent director has been elected to its board of directors. John J. (Jack) Koraleski, former chairman of the board of directors and CEO of Union Pacific Corp., was elected to Martin Marietta’s board of directors on Aug. 15, 2016.
Read MoreMartin Marietta Sales Surge in Second Quarter
Martin Marietta Materials Inc. reported results for the second quarter ended June 30, 2016, including record net sales, gross profit and net earnings. Consolidated net sales for the quarter was $915.4 million, compared to $850.2 million in the second quarter of 2015. Consolidated net sales for the first six months of 2016 was $1.649 billion, compared to $1.482 billion for…
Read MoreMartin Marietta Soars to Record Results in First Quarter
Martin Marietta Materials Inc. reported record results for the first quarter ended March 31, 2016. Consolidated net sales totaled $734 million, up from $631.9 million in the first quarter of 2015. Aggregates volume was 32,665 tons, up from 28,836 tons in the first quarter of 2015.
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