Summit Materials (SUM) Q2 Revenues Above Consensus

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Go back to Summit Materials (SUM) Q2 Revenues Above Consensus

Summit Materials, Inc. Reports Second Quarter 2018 Results

August 1, 2018 6:15 AM EDT

-Y/Y Net Revenue Growth of 14.8%, Supported By Broad-Based Organic Volume Improvements

-Completed Four Materials-Based Bolt-on Acquisitions For Total Invested Capital of $75 million Since May 2018

-Reduced Midpoint of Adjusted EBITDA Guidance Range For The Full-Year 2018 By 7%

-Remain On Pace To Achieve Record Full-Year Adjusted EBITDA in 2018

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, Summit or the Company), a leading vertically integrated construction materials company, today announced results for the second quarter 2018.

For the three months ended June 30, 2018, the Company reported... More