Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/853705
One Week +0.007 p One Year +0.049 p One Week +0.017 p One Year +0.014 p One Week +0.002 p One Year +0.025 p One Week -0.007 q One Year +0.149 p One Week +0.002 p One Year +0.050 p One Week +0.002 p One Year +0.029 p One Week +0.003 p One Year +0.068 p One Week +0.006 p One Year +0.084 p One Week +0.001 p One Year +0.096 p One Week +0.001 p One Year +0.136 p One Week +0.011 p One Year +0.052 p United States $2.472 Midwest $2.403 Gulf Coast $2.307 Rocky Mountain $2.585 West Coast $2.759 West Coast less California $2.628 California $2.866 East Coast $2.522 New England $2.578 Central Atlantic $2.671 Lower Atlantic $2.407 Company Ticker Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $9.86 p $6.38 $10.06 CRH plc CRG $35.48 q $29.42 $39.90 Eagle Materials Inc. EXP $92.31 q $73.27 $110.64 Granite Construction Inc. GVA $20.27 p $42.59 $62.18 Heidelberg Cement AG HEI $99.98 p $79.03 $107.84 LafargeHolcim Ltd. ADR HCMLY $11.56 q $8.55 $12.07 Martin Marietta Materials, Inc. MLM $227.90 q $167.06 $244.32 MDU Resources Group, Inc. MDU $25.79 q $22.47 $29.92 Summit Materials SUM $29.67 p $17.27 $29.67 United States Lime & Minerals, Inc. USLM $79.48 p $58.16 $81.99 U.S. Concrete USCR $78.95 p $42.82 $80.45 Vulcan Materials Co. VMC $128.17 q $105.71 $138.18 STOCK REPORT COMPANY SPOTLIGHT Source: Wall Street Journal Market Watch. Currency conversion calculated on date of close 7/07/17. L afargeHolcim (HCMLY) reported a net sales increase of 5.3 percent on a like-for-like basis in the fi rst quarter of 2017 and expects to meet its annual guidance. "Our good Q1 performance has gotten us off to an excellent start for 2017 and marks our fourth consecutive quarter of growth earnings," said Eric Olsen in a press release. Olsen, former CEO of LafargeHolcim, left the company in July. "Continued pricing strength, improving volume momentum, and synergies underpinned our results across the portfolio," he added. Global aggregate sales were 57 million tons, up 0.2 percent over the fi rst quarter of 2016, but a 3.9-percent increase on a like-for-like basis. Cement sales were fl at at 53 million tons and ready-mixed concrete sales of 14.9 million cubic yards were down 1.8 percent on a like-for-like basis. In North America, the region recorded an improvement in earnings despite a tough prior year comparison due to unusually mild weather in the fi rst quarter of 2016. In what is typically a small quarter for the region, margins increased by around 60 basis points, net sales grew by 2.5 percent on a like- for-like basis, and Operating EBITDA Adjusted was up slightly to $8.22 million. The U.S. continued to benefi t from improved cement pricing and a focus on cost discipline. Strong demand led to good growth in U.S. aggregates volumes. In Canada, performance was stable, with projects such as the Champlain Bridge having a positive effect on aggregates and ready-mixed concrete. Aggregates sales of 15.9 million tons were 5.3 percent ahead of fi rst quarter 2016 results. Ready-mix concrete sales of 2.1 million cubic yards were up 2.5 percent, and cement sales of 3.6 million tons were down 4.5 percent. "Our performance in the fi rst quarter, our continued strong execution combined with our diverse portfolio reinforces our confi dence in achieving our full year guidance and our 2018 targets," Olsen said. Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). U.S. On-Highway Diesel Fuel Prices 7/3/17 Data mining Source: Market Watch Cemex SAB (CX)