Aggregates Manager

April 2017

Aggregates Manager Digital Magazine

Issue link: http://read.dmtmag.com/i/803901

Contents of this Issue

Navigation

Page 5 of 47

One Week +0.002 p One Year +0.558 p One Week +0.003 p One Year +0.519 p One Week -0.004 q One Year +0.522 p One Week +0.043 p One Year +0.698 p One Week 0.000 One Year +0.658 p One Week +0.007 p One Year +0.682 p One Week -0.006 q One Year +0.640 p One Week -0.002 q One Year +0.556 p One Week -0.012 q One Year +0.499 p One Week +0.008 p One Year +0.592 p One Week -0.008 q One Year +0.546 p United States $2.579 Midwest $2.502 Gulf Coast $2.429 Rocky Mountain $2.625 West Coast $2.877 West Coast less California $2.779 California $2.956 East Coast $2.633 New England $2.646 Central Atlantic $2.780 Lower Atlantic $2.525 Company Ticker Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $8.64 q $5.49 $9.51 CRH plc CRG $35.29 p $20.69 $36.80 Eagle Materials Inc. EXP $96.46 q $61.74 $110.64 Granite Construction Inc. GVA $50.92 q $40.16 $62.18 Heidelberg Cement AG HEI $95.41 p $69.52 $100.98 LafargeHolcim Ltd. ADR HCMLY $11.37 p $7.40 $11.77 Martin Marietta Materials, Inc. MLM $208.16 q $150.75 $243.98 MDU Resources Group, Inc. MDU $26.13 q $18.25 $29.92 Summit Materials SUM $23.69 q $17.27 $26.46 United States Lime & Minerals, Inc. USLM $77.05 p $50.75 $79.50 U.S. Concrete USCR $67.90 p $42.82 $70.40 Vulcan Materials Co. VMC $116.90 q $102.30 $138.18 STOCK REPORT COMPANY SPOTLIGHT Sources: Wall Street Journal Market Watch. Currency conversion calculated on date of close 3/09/17. U nited States Lime & Minerals Inc. (USLM) report- ed 2016 revenues of $139.3 million, com- pared to $130.8 million in 2015, an increase of $8.4 million, or 6.5 percent. Revenues from the company's lime and limestone operations in 2016 increased $8.8 million, or 6.9 percent, to $137.2 million from $128.4 million in 2015. In the fourth quarter, revenues were $34.2 million, compared to $31.3 million in the comparable quarter of 2015. Fourth quarter revenues for lime and limestone operations increased $2.8 million, or 9.0 percent, to $33.6 million from $30.8 million. Increases in 2016 lime and limestone revenues were attributed to increased sales vol- umes, based on higher demand from the company's construction, environmental, and roof shingle customers. USLM reports that prices for its lime and limestone products — both in the fourth quarter and for the full year — were somewhat lower than during comparable periods in 2015. The company paid an interest expense of $0.1 million in each quarter of 2016 and 2015. For 2016, interest expense decreased $0.8 million to $0.2 million. The decrease resulted from the company's repayment of the $15.4 million then-outstanding balance of its term loans in May 2015 and its repurchase of the related interest rate hedges in the second quarter 2015. USLM also terminated the Corson Pension Plan during the second quarter of 2015. This required a cash payment of $0.2 million and resulted in an expense in 2015 of $0.9 million. As a result, the company will not have to make any future contributions to the plan. "We are pleased that our 2016 operating results improved over last year," said Timo- thy W. Byrne, president and CEO of USLM, in a report to shareholders. "With our diverse customer base, overall demand for our lime and limestone products increased in the fourth quarter and full-year 2016, although pricing remains a challenge in the current competitive environment." Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). U.S. On-Highway Diesel Fuel Prices 3/6/17 Data mining Source: Market Watch United States Lime & Minerals Inc.

Articles in this issue

Archives of this issue

view archives of Aggregates Manager - April 2017