Aggregates Manager

November 2016

Aggregates Manager Digital Magazine

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One Week +0.056 p One Year -0.111 q One Week +0.061 p One Year -0.217 q One Week +0.067 p One Year -0.121 q One Week +0.041 p One Year -0.022 q One Week +0.054 p One Year -0.008 q One Week +0.067 p One Year -0.012 q One Week +0.043 p One Year -0.024 q One Week +0.043 p One Year -0.113 q One Week +0.039 p One Year -0.125 q One Week +0.054 p One Year -0.121 q One Week +0.036 p One Year -0.106 q United States $2.455 Midwest $2.417 Gulf Coast $2.317 Rocky Mountain $2.508 West Coast $2.712 West Coast less California $2.591 California $2.809 East Coast $2.441 New England $2.453 Central Atlantic $2.540 Lower Atlantic $2.363 Company Ticker Current Value 52-Week High 52-Week Low Cemex, S.A.B. de C.V. CX $8.51 p $3.50 $9.09 CRH plc CRG $33.41 p $21.43 $34.22 Eagle Materials Inc. EXP $77.42 p $45.03 $87.57 Granite Construction Inc. GVA $46.28 q $30.14 $51.35 Heidelberg Cement AG HEI $94.36 p $64.90 $94.36 LafargeHolcim Ltd. ADR HCMLY $10.65 p $6.92 $11.72 Martin Marietta Materials, Inc. MLM $169.00 q $108.31 $206.36 MDU Resources Group, Inc. MDU $24.63 p $15.58 $25.79 Summit Materials SUM $18.47 p $13.12 $24.60 United States Lime & Minerals, Inc. USLM $65.21 p $45.75 $66.95 U.S. Concrete USCR $48.03 q $40.42 $69.66 Vulcan Materials Co. VMC $106.02 q $78.83 $127.20 STOCK REPORT COMPANY SPOTLIGHT Sources: Wall Street Journal Market Watch. Currency conversion calculated on date of close 10/10/16. D espite adverse weath- er conditions in some of its markets, Martin Marietta Materials, Inc. had a very strong second quarter: "We are pleased to deliver top-line and bottom-line growth with record net sales, gross profi ts, and net earning in the quarter," said Ward Nye, chairman, pres- ident, and CEO, in a press release for shareholders. Net sales increased by nearly 8 percent, while gross profi t and net earnings grew by 23 percent and 49 percent, respectively. Diluted earnings per share of $1.90 were up by 56 percent compared to the prior-year period. "Aggregates product line pricing growth and cost discipline led to a 340-basis-point increase in our consolidated gross margin (excluding freight and delivery revenues)," he added. Results were tempered by record or near-record rainfall in Texas, North Carolina, and Colorado. Nye noted that for every $1 of net sales, gross profi t increased by $0.71, demonstrating the company's strong operating leverage with economic growth. Strong job growth and population dynamics, along with robust public and private construc- tion activity along the company's geographic footprint "further reinforces our positive outlook for sustained construction-centric recovery during the next several years," Nye said. In the Mid-American Group, aggregates volume grew by 4.9 percent, due primarily to private construction in North Carolina and South Carolina. That growth took place mostly in June, when volumes grew by nearly 16 percent. Rain during April and May led to a decrease in volume of 1.3 percent. In the Southeast Group, aggregate volume grew 1.9 percent, with public sector growth in Georgia and Florida being partially offset by a reduction in ballast shipments. In the West Group, aggregate shipments were hindered by weather throughout the quarter. That group also saw reductions in shale-related shipments and lower ballast shipments, but contractor backlogs indicate pent-up demand. "We remain highly optimistic as we look forward towards the second half of the year and well beyond," Nye said. Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). espite adverse weath- U.S. On-Highway Diesel Fuel Prices 10/10/16 Data mining

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