The Aggregates Industry’s Publicly Traded Companies Reported First-Quarter Results.
Read MoreTag: Summit Materials
Summit Materials Sees Spike in Aggregates Revenues
Summit Materials Inc. announced that for the three months ended June 29, net income attributable to Summit Inc. was $36.4 million, or $0.32 per basic share, compared to net income attributable to Summit Inc. of $35.5 million, or $0.32 per basic share in the comparable prior-year period.
Read MoreFIRST LOOK – JUNE 2019
TOP NEWS Vulcan Stays Hot Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $996.5 million, compared to $854.5 million in the first quarter of 2018. First quarter aggregates segment gross profit increased 25% to $186 million, or $4.07 per ton. Summit Aggregates Revenues Up Aggregates net revenues increased by 30.3% to $87.9 million in the first quarter…
Read MoreSummit Materials Aggregates Revenue Rises in First Quarter
Summit Materials Inc. reported a first-quarter 2019 net loss of $68.8 million, compared to a net loss of $53.7 million in the comparable prior-year period.
Read MoreSummit Materials Optimistic Despite Losses in 2018
Summit Materials Inc. announced that for the three months ended Dec. 29, 2018, the company reported net loss attributable to Summit Inc. of $19.2 million, compared to net income attributable to Summit Inc. of $43.0 million in the comparable prior-year period.
Read MoreSummit Materials Impacted by Inclement Weather in Third Quarter
Summit Materials Inc. reported that for the three months ended Sept. 29, the company achieved net income attributable to Summit Inc. of $71.3 million or $0.64 per basic share, compared to net income attributable to Summit Inc. of $81.3 million or $0.74 per basic share in the comparable prior-year period.
Read MoreFIRST LOOK – SEPTEMBER 2018
TOP NEWS U.S. Concrete’s Aggregates Revenue Rises Higher U.S. Concrete Inc. reported that consolidated revenue increased 18.6 percent to $404.2 million in this year’s second quarter, an all-time quarterly high. Aggregate products revenue increased 113.1 percent to $48.5 million, an all-time quarterly high. Martin Marietta Climbs to Record Q2 Revenues; Profits Martin Marietta Materials is reporting record revenues, profits and…
Read MoreSummit Materials Adds Two to Board of Directors
Summit Materials Inc. announced that its board of directors has appointed Anne M. Cooney and Susan A. Ellerbusch as new independent directors. With the appointment of Cooney and Ellerbusch, Summit’s board now comprises 10 members. Additionally, Summit announced that Neil P. Simpkins will resign from the board of directors, effective at the end of the company’s fiscal year.
Read MoreSummit Materials Aggregates Revenues Rise in Second Quarter
Summit Materials Inc. announced results for the second quarter 2018. For the three months ended June 30, the company reported basic earnings per share of $0.32 on net income attributable to Summit Inc. of $35.5 million, compared to basic earnings per share of $0.46 on net income attributable to Summit Inc. of $50.0 million in the prior-year period.
Read MoreTrade Commission Cements CRH, Ash Grove $3.5B Merger
The U.S. Federal Trade Commission (FTC) cleared the path for CRH plc to acquire Overland Park, Kan.-based Ash Grove Cement for $3.5 billion after the company agreed to divest facilities in three states.
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