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Vulcan Materials Comes Up Big in Fourth Quarter 2017

Vulcan Materials Co. announced results for the fourth quarter ended Dec. 31, 2017. Total revenues increased $105 million, or 12 percent, to $977 million. Gross profit was $243 million versus $240 million in the prior year. Aggregates segment sales increased $56 million to $770 million and freight-adjusted revenues increased $45 million, or 8 percent, to $596 million. The company also closed its previously announced acquisition of Aggregates USA in the fourth quarter.

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Granite Construction Materials Revenue Up 12 Percent

Granite Construction Inc. reported net income of $69.1 million for the year ended Dec. 31, 2017 compared with net income of $57.1 million in the prior year. Diluted earnings per share (EPS) for the year was $1.71 compared to $1.42 per share in 2016.

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Martin Marietta Roars to Record Revenues, Profitability, Earnings

Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016.

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Summit Materials Reports Strong Quarterly, Yearly Results

Summit Materials Inc. announced results for the fourth quarter and full-year 2017. For the three months ended Dec. 30, 2017, the company reported diluted net income per share of $0.38 on net income of $43.0 million, compared to a diluted loss per share of ($0.00) on a net loss of ($0.3) million in the prior year period. Operating income increased by 17.5 percent to $57.3 million in the fourth quarter 2017, versus $48.8 million in the prior-year period.

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Martin Marietta’s Nye Looks Ahead With Confidence

On the heels of Martin Marietta Materials’ record revenues, profitability, earnings reported for the fourth quarter of 2017, Ward Nye, chairman, president and CEO is looking forward to 2018 with confidence.

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