Martin Marietta Materials ( (MLM) ) just unveiled an announcement.
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Martin Marietta reported a record quarterly aggregates gross profit per ton and third-quarter cash flows from operations despite weather disruptions affecting shipment volumes. The company acquired assets in South Florida and Southern California, aligning with its strategic growth plans. Martin Marietta anticipates benefiting from increased federal and state investments in infrastructure and expects improved market conditions with potential interest rate cuts. The company remains focused on expanding its aggregates price/cost spread to enhance profitability and shareholder value.
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