Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/815541
One Week +0.024 p One Year +0.441 p One Week +0.023 p One Year +0.419 p One Week +0.036 p One Year +0.431 p One Week +0.026 p One Year +0.500 p One Week +0.017 p One Year +0.522 p One Week +0.032 p One Year +0.556 p One Week +0.004 p One Year +0.497 p One Week +0.019 p One Year +0.426 p One Week +0.037 p One Year +0.387 p One Week +0.015 p One Year +0.443 p One Week +0.018 p One Year +0.428 p United States $2.556 Midwest $2.481 Gulf Coast $2.414 Rocky Mountain $2.623 West Coast $2.839 West Coast less California $2.735 California $2.923 East Coast $2.605 New England $2.630 Central Atlantic $2.739 Lower Atlantic $2.505 Company Ticker Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $9.34 q $5.49 $9.62 CRH plc CRG $34.53 q $25.40 $36.64 Eagle Materials Inc. EXP $97.02 p $69.51 $110.64 Granite Construction Inc. GVA $53.82 p $40.16 $62.18 Heidelberg Cement AG HEI $93.29 q $69.00 $100.21 LafargeHolcim Ltd. ADR HCMLY $11.64 p $7.40 $11.85 Martin Marietta Materials, Inc. MLM $221.41 p $161.96 $243.98 MDU Resources Group, Inc. MDU $27.60 p $19.02 $29.92 Summit Materials SUM $25.05 p $17.27 $26.46 United States Lime & Minerals, Inc. USLM $78.91 p $50.75 $80.00 U.S. Concrete USCR $63.05 q $42.82 $70.40 Vulcan Materials Co. VMC $123.99 p $105.05 $138.18 STOCK REPORT COMPANY SPOTLIGHT Source: Wall Street Journal Market Watch. Currency conversion calculated on date of close 4/07/17. H eidelberg Cement (HEI) recently reported its 2016 results, which include a 13-percent increase in revenues of $16.11 billion and dividends of $1.70 per share. In its fi nancial statement, the company attributed the positive results to its takeover of Italcementi, internal pro- grams aimed at achieving operational effi ciency, and a signifi cant decline in energy costs. "2016 was an exceptional year for Heidelberg Cement," said Dr. Bernd Scheifele, chairman of the managing board. "With the successful takeover of Italcementi, we have accelerated our growth and are now in an excellent strategic position. In our core business lines of aggregates, cement, and ready-mixed concrete, we occupy fi rst, second, and third place globally." Sales volumes of cement, aggregates, and ready-mixed concrete were up signifi cantly following its major acquisition. On a pro forma basis, sales volumes rose moderately, with the recovery in North America and Europe being offset somewhat by weaker demand in Asia, par- ticularly in Indonesia where infrastructure projects experienced delays. In terms of the aggre- gate business specifi cally, sales were down 5 percent for the fourth quarter, but up 3 percent for the full year. Heidelberg Cement anticipates a considerable increase in the base cost for energy this year, as well as a slight to moderate increase in personnel costs. It has implemented continuous improvement programs in both its cement and aggregates business lines, with the aggregates program having been initiated in early 2016. That program is expected to achieve $127.2 mil- lion in savings over a three-year period. "We remain cautiously optimistic about 2017," Schiefele said. "While the overall outlook for the global economy is positive, the major macroeconomic and, particularly, geopolitical risks have increased at the same time. Heidelberg Cement will benefi t from the good and stable economic development in the industrial countries, above all in the USA, Canada, the United Kingdom, Germany, the northern European countries, and Australia. These countries generate approximately 60 percent of our revenue." Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). U.S. On-Highway Diesel Fuel Prices 4/3/17 Data mining Source: Market Watch Heidelberg Cement (HEI)