Aggregates Manager Digital Magazine
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One Week -0.004 q One Year +0.442 p One Week -0.007 q One Year +0.446 p One Week +0.001 p One Year +0.352 p One Week -0.007 q One Year +0.562 p One Week -0.003 q One Year +0.405 p One Week +0.016 p One Year +0.371 p One Week -0.012 q One Year +0.460 p One Week 0.000 One Year +0.379 p United States $2.922 Midwest $2.877 Gulf Coast $2.713 Rocky Mountain $3.019 East Coast $2.904 New England $2.897 Central Atlantic $3.062 Lower Atlantic $2.794 Company Tick- er Current Value 52-Week Low 52-Week High Cemex, S.A.B. de C.V. CX $7.19 q $7.15 $10.37 CRH plc CRG $35.28 q $33.67 $41.31 Eagle Materials Inc. EXP $111.68 p $86.51 $114.96 Granite Construction Inc. GVA $65.29 q $45.14 $67.40 Heidelberg Cement AG HEI $105.99 p $90.82 $110.71 LafargeHolcim Ltd. ADR HCMLY $10.72 p $10.01 $12.34 Martin Marietta Materials, Inc. MLM $201.51 q $191.09 $244.32 MDU Resources Group, Inc. MDU $27.50 p $25.14 $29.92 Summit Materials SUM $30.64 p $22.19 $32.69 United States Lime & Minerals, Inc. USLM $82.12 q $71.61 $101.40 U.S. Concrete USCR $81.60 p $57.95 $84.60 Vulcan Materials Co. VMC $121.11 q $108.95 $136.82 STOCK REPORT COMPANY SPOTLIGHT Source: Wall Street Journal Market Watch. Currency conversion calculated on date of close 12/06/17. G ranite Construction Inc. (GVA) posted a strong third quarter with net income of $46.0 million, a 23.6-percent increase over the third quarter in 2016. According to company guid- ance, it anticipates full year consolidated revenue growth in the mid to high teens. "I begin by thanking Granite employees and teams for their effort and execution in the third quarter, which resulted in a top-line performance, as well as improved bottom-line results," noted Granite Construction President and CEO James H. Roberts during a quarterly earnings call. "Our team continues to execute safely on record backlog, and our outlook remains extremely strong." Third quarter consolidated revenue increased 19.1 percent to $957.1 million, compared to $803.9 million in the third quarter of 2016. Construction revenue increased 24.6 percent to $579.1 million, compared with $464.6 million in 2016. The segment backlog fi nished at more than $1 billion for the sixth consecu- tive quarter. At the same time, stronger external demand drove better margins for the company's Construction Materials segment. Construction Ma- terials revenue increased 9.1 percent to $98.1 million, compared to $89.9 million in 2016. The third quarter gross profi t increased 33 percent to $16.8 million, compared to $12.6 million in the prior year. The gross profi t margin of 17.1 percent was up from 14.0 percent in 2016. "Steady private market demand, combined with improving public funding trends, continues to provide our business with growth opportunities across geographies and end markets," Roberts said. "We believe that we are in the early stages of this investment cycle, with much of the public market visibility tied to actions taken over the last few years at state and local levels to increase infra- structure investment. Today, we continue to challenge our leaders in Washington, D.C., to follow the example of their predecessors' visionary action more than 60 years ago to invest in American infrastructure that we still rely on every single day. American workers and families, once again, are ready to rally behind a bold infrastructure vision backed by a signifi cant funding commitment." Source: U.S. Energy Information Ad- ministration (dollars per gallon, prices include all taxes). U.S. On-Highway Diesel Fuel Prices 12/4/17 Data mining Source: Market Watch Granite Construction Inc (GVA) One Week -0.007 q One Year +0.603 p One Week -0.007 q One Year +0.427 p West Coast $3.373 West Coast less California $3.301 One Week -0.012 q One Year +0.742 p California $3.585