Here Comes Aggregates Day

Sept. 12, 2019 –Vulcan Materials Co. announced that it will webcast its Aggregates Day event live on Tuesday, Sept.17. The presentation will be led by Tom Hill, Vulcan’s chairman and chief executive officer, and will include presentations from other members of the management team on the company’s strategy, financial outlook and performance. Vulcan invites interested parties to listen to the live webcast, which…

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FIRST 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…

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Chao Under Fire

June 17, 2019 – Transportation Secretary Elaine Chao sold stocks in two companies after a Wall Street Journal report revealed she held onto them after she pledged to sell them. A Transportation Department spokesperson told CNN the issue was due to a misunderstanding about Chao’s ethics agreement, and there was no conflict of interest with her holding those stocks, but the secretary divested…

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Vulcan Looking Good

May 2, 2019 – Vulcan Materials released its first quarter report, with aggregates segment gross profit up 25% to $186 million. According to the company, price growth was positive across all markets served by the company. For the quarter, freight-adjusted average sales price for aggregates increased 5.4% versus the prior-year’s quarter. Excluding mix impact, aggregates prices increased 5.8% compared to the prior-year first quarter.…

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Vulcan’s Aggregates Shipments Up 13% for Quarter

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. Net earnings were $63 million and Adjusted EBITDA was $193 million in the first quarter. The 15% growth in Adjusted EBITDA was driven by strong aggregates shipments, up 13% year-over-year, and a 5.4% increase in aggregates…

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