Reports Q2 revenue $2.1B, consensus $2.2B. Tom Hill, Vulcan Materials (VMC)’ Chairman and Chief Executive Officer, said, “Our second quarter results reflected another quarter of outstanding execution, and we carry good momentum into the remainder of the year. Despite weather challenges, our pricing discipline and excellent cost performance have led to a 13 percent increase in aggregates cash gross profit per ton, a 16 percent improvement in Adjusted EBITDA and Adjusted EBITDA margin expansion of 260 basis points through the first half of the year.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VMC:
- EXP, MLM, VMC: Explosive AI Data Center Growth Drives Demand for Cement
