Aggregates Manager

January 2017

Aggregates Manager Digital Magazine

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One Week +0.060 p One Year +0.101 p One Week +0.075 p One Year +0.083 p One Week +0.071 p One Year +0.129 p One Week +0.007 p One Year +0.047 p One Week +0.043 p One Year +0.167 p One Week +0.044 p One Year +0.202 p One Week +0.043 p One Year +0.139 p One Week +0.053 p One Year +0.086 p One Week +0.054 p One Year +0.011 p One Week +0.053 p One Year +0.060 p One Week +0.054 p One Year +0.120 p United States $2.480 Midwest $2.431 Gulf Coast $2.361 Rocky Mountain $2.457 West Coast $2.770 West Coast less California $2.679 California $2.843 East Coast $2.499 New England $2.526 Central Atlantic $2.602 Lower Atlantic $2.415 Company Ticker Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $8.21 q $3.50 $9.35 CRH plc CRG $34.42 p $22.42 $36.66 Eagle Materials Inc. EXP $100.97 p $45.03 $101.76 Granite Construction Inc. GVA $59.41 p $35.69 $62.18 Heidelberg Cement AG HEI $90.33 q $64.53 $101.68 LafargeHolcim Ltd. ADR HCMLY $10.60 q $6.92 $11.66 Martin Marietta Materials, Inc. MLM $225.33 p $108.31 $236.41 MDU Resources Group, Inc. MDU $28.85 p $15.58 $29.38 Summit Materials SUM $23.78 p $13.12 $24.81 United States Lime & Minerals, Inc. USLM $76.00 p $48.41 $76.25 U.S. Concrete USCR $60.95 p $40.42 $69.66 Vulcan Materials Co. VMC $128.43 p $78.83 $138.18 STOCK REPORT COMPANY SPOTLIGHT Sources: Wall Street Journal Market Watch. Currency conversion calculated on date of close 12/7/16. I n the third quar- ter, ending Sept. 30, 2016, Granite Construction reported net income of $37.1 mil- lion, compared to a net income of $30.8 million in the third quarter of 2015. Earnings per diluted share were $0.92, compared to $0.77 in the prior-year period. "We continue to benefi t across the business with a steady demand from private and public markets, pushing total backlog to an all-time high of $3.8 billion," said James H. Roberts, president and CEO, in the company's quarterly report. "The Construction Materials segment continues to perform well, refl ected in continued, im- proved margin performance," he added. "Total production volume in the quarter an d year-to- date remained in line with last year, though materials demand shifted to increased internal consumption. As a result, much of the revenue and profi t benefi t of vertical integration has been captured by our Construction segment." During the third quarter, consolidated revenue increased 7.0 percent to $803.9 million, compared with $751.4 million during the third quarter of 2015. For the fi rst nine months of 2016, consolidated revenue increased 6.2 percent from 2015 to $1.8 billion. Gross profi t for the quarter increased 12.1 percent to $107.7 million, compared with $98.1 million in 2015. For the fi rst nine months of 2016, gross profi t increased 10.5 percent to $220.1 million. In the Construction Materials segment, revenue in the third quarter decreased 16.2 percent to $89.9 million, compared with $107.3 million in 2015. Granite Construction says the de- crease was driven primarily by a shift to greater internal consumption of materials. Corre- spondingly, third quarter gross profi t declined 9.6 percent to $12.5 million, compared to $14.0 million in 2015. "We continue to anticipate increased infrastructure investment in 2017 and beyond, includ- ing tangible benefi ts from the fi ve-year Fixing America's Surface Transportation (FAST) Act… as well as increased state and local spending," Roberts noted. "We remain in an excellent position to close the year safely and strongly, and to prepare effi ciently for growth in 2017 and beyond." Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). n the third quar- U.S. On-Highway Diesel Fuel Prices 12/5/16 Data mining Source: Google Finance

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