Summit Materials (SUM) Tops Q1 EPS by 6c
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Summit Materials Announces First Quarter 2016 Results
May 4, 2016 6:00 AM EDTDENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE:SUM, Summit or the Company), a leading vertically integrated construction materials company, today announced results for the first quarter 2016. The Company has posted supplementary materials to its investor relations website.
Highlights First Quarter 2016 Compared to First Quarter 2015:
Aggregates volume and price increased 14.3% and 8.6%, respectively; organic price up 9.4% Cement volume and price increased 142.7% and 6.7%, respectively Net revenue increased 18.8%, to $208.0 million, led by growth in the Cement and East Segments EPS and Adjusted EPS of $(0.42)... More