Summit Materials (SUM) Misses Q4 EPS by 22c

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Summit Materials Announces Fourth Quarter 2015 Results

February 11, 2016 6:00 AM EST

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, Summit or the Company), a leading vertically integrated construction materials company, announces results for the fourth quarter and full year of 2015. In the fourth quarter of 2015, the Company introduced a Cement Segment as a new segment and reclassified its segments into West, East and Cement. All historical financial information presented in this press release reflects such change. The Company has posted supplementary materials to its investor relations website.

Highlights Fourth Quarter 2015 Compared to Fourth Quarter 2014:

Aggregates volume and price up 8.0% and 7.3%, respectively; organic price up 6.9%

Cement volume and price up... More