Welcome to our dedicated page for Vulcan Matrls news (Ticker: VMC), a resource for investors and traders seeking the latest updates and insights on Vulcan Matrls stock.
Vulcan Materials Company (VMC), the nation's largest producer of construction aggregates, provides essential materials for infrastructure and commercial projects. This page serves as a comprehensive resource for investors and industry professionals seeking official news, press releases, and strategic updates directly impacting VMC's market position.
Access timely information on earnings reports, acquisitions, operational milestones, and sustainability initiatives. Our curated collection ensures you stay informed about developments in aggregates production, pricing strategies, and geographic expansion efforts across key U.S. markets.
Discover updates categorized for clarity: financial performance, material supply chain developments, and leadership announcements. Bookmark this page to monitor how VMC's operational discipline and strategic acquisitions continue to shape the construction materials sector.
Vulcan Materials Company (NYSE: VMC), the largest U.S. producer of construction aggregates, reported Q2 2024 results with earnings growth and margin expansion. Key highlights include:
- Total revenues: $2,014 million
- Net earnings: $308 million
- Adjusted EBITDA: $603 million (29.9% margin)
- Earnings per diluted share: $2.33
The Aggregates segment saw a 6% increase in gross profit to $529 million, with cash gross profit per ton up 12% to $10.92. Shipments decreased 5% due to rainfall, but pricing remained strong with a 12% increase in freight-adjusted selling prices.
For the full year 2024, Vulcan expects:
- Aggregates shipments down 4-7%
- Freight-adjusted price improvement of 10-12%
- Adjusted EBITDA between $2.00 and $2.15 billion
Vulcan Materials Company (NYSE: VMC), the largest supplier of construction aggregates in the United States, has announced its second quarter 2024 earnings conference call. The call is scheduled for Tuesday, August 6, 2024, at 10:00 a.m. CT (11:00 a.m. ET). Financial results will be released before the NYSE market opens on the same day.
Investors and interested parties can listen to the live webcast of the conference call on the company's website. To participate by phone, call 800-343-5172 (US) or 203-518-9856 (international) approximately 10 minutes before the scheduled start. The conference ID is 4644206. A replay of the webcast will be available on the company's website after the call.
Vulcan Materials Company (NYSE: VMC) has announced a quarterly cash dividend of $0.46 per share on its common stock.
The dividend is set to be paid on September 4, 2024, to shareholders who are recorded as of the close of business on August 15, 2024.
Vulcan Materials, headquartered in Birmingham, Alabama, is the largest U.S. producer of construction aggregates and a significant producer of aggregates-based construction materials.
Vulcan Materials Company (NYSE: VMC) has declared a quarterly cash dividend of $0.46 cents per share on its common stock. The dividend will be payable on June 7, 2024, to shareholders of record at the close of business on May 24, 2024. Vulcan Materials Company is the nation's largest producer of construction aggregates and a major producer of aggregates-based construction materials.
Vulcan Materials Company reported strong first-quarter 2024 results, with total revenues of $1,546 million, gross profit of $305 million, and net earnings of $103 million. The company reaffirmed its full-year outlook for double-digit earnings growth in 2024. Despite lower aggregates shipments due to weather conditions, the company demonstrated margin expansion and increased cash gross profit per ton by 10%. Vulcan's strategic disciplines and pricing momentum support its confidence in achieving another year of strong cash generation.
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