Cement News tagged under: Martin Marietta

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Martin Marietta Materials reports double-digit 3Q growth

07 November 2018, Published under Cement News

Martin Marietta Materials’ nine-month turnover improved by 7.6 per cent to US$3224m and increased turnover by 12.1 per cent to US$1219.6m in the third quarter of 2018. EBITDA advanced by 15.1 per cent to US$349m. The trading profit only improved by six per cent to US$240.7m, the net attributable profit rose by 18.9 per cent to US$180.2m. The aggregates turnover increased by 9.8 per cent to US$1778.1m in the first nine months, while the third quarter showed a 16.5 per cent advance to US$68...

CRH

02 August 2018, Published under Cement News

CRH America has sold its Mallard Sand & Gravel operation in Omaha, Nebraska, to Martin Marietta Materials. The disposal was required as a result of the acquisition of Ash Grove Cement Company.

Martin Marietta's cement revenues rise 14% in 2Q18

27 July 2018, Published under Cement News

Martin Marietta's 2Q18 cement product revenues increased 14.4 per cent and gross profit by 40.6 per cent. Shipments and pricing improved 11.6 and 2.6 per cent, respectively, reflecting the strong underlying market conditions throughout Texas. These factors, coupled with increased production efficiencies, led to a product gross margin of 36.5 per cent, reported Martin Marietta. Inclusive of acquired operations, aggregates product revenues increased 15.1 per cent for the quarter, refle...

Positive expectations in reach despite mixed 1Q18 corporate results

14 May 2018, Published under Cement News

LafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating profits for multinationals in these markets, but Europe, the Middle East and North America have seen lower returns. LafargeHolcim Jan Jenisch, LafargeHolcim's Group CEO, was in bullish mood in asserting that the benefits of the company's new strategy would see it deliver on LafargeHolcim's 20...

Positive expectations in reach despite mixed 1Q18 corporate results

11 May 2018, Published under Cement News

LafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating profits for multinationals in these markets, but Europe, the Middle East and North America have seen lower returns. LafargeHolcim Jan Jenisch, LafargeHolcim's Group CEO, was in bullish mood in asserting that the benefits of the company's new strategy would see it deliver on LafargeHolcim's 2018 ta...

Martin Marietta boosted by Building Materials

03 May 2017, Published under Cement News

US-based Martin Marietta yesterday announced record consolidated net sales of US$791.7m in the first quarter of 2017, up 7.9 per cent on the same period of last year. The company also said consolidated gross profit reached a high of US$147.1m in 1Q17 compared with US$145.3m a year earlier. EBITDA totalled US$147.7m in the first quarter of this year, it added. Commenting on the performance, Ward Nye, chairman, president and CEO of Martin Marietta, stated: "Our strong first-quarter resu...

USA: Martin Marietta 4Q16 and full-year results

15 February 2017, Published under Cement News

For the 4Q16 Martin Marietta achieved net sales of US$889m compared with US$780.8m in the 4Q15. EBITDA was US$229.7m compared with US$204.4m in 4Q15. For the full year, net sales were US$3.58bn, compared with US$3.27bn in 2015. EBITDA was US$971.6m, compared with US$750.7m. Chairman, President and CEO of Martin Marietta, Ward Nye, said: "Every business across our enterprise continues to make meaningful contributions to the Company's enhanced profitability. The Southeast Group and the We...

USA: Martin Marietta elects new Board members

16 August 2016, Published under Cement News

Martin Marietta Materials Inc has appointed a new independent director to its Board of Directors. John J (Jack) Koraleski, former chairman of the Board of Directors and CEO of Union Pacific Corporation, was elected to Martin Marietta's Board of Directors on 15 August 2016. Mr Koraleski, 65, will serve on Martin Marietta's Audit Committee, Management Development and Compensation Committee, and Executive Committee. At its Annual Meeting of Shareholders in May, Donald (Don) W Slager was elec...