Summit Materials (SUM) Tops Q4 EPS by 11c

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Summit Materials, Inc. Reports Fourth Quarter and Full Year 2021 Results

February 23, 2022 4:15 PM EST

Record Full Year 2021 Net Revenue of $2.2 billion, an increase of 4.6%

Record Full Year 2021 Net income attributable to Summit Inc. of $152.2 million, an increase of 10.3%

Record Full Year 2021 Adjusted EBITDA of $520.1 million, an increase of 7.8%

Net Leverage ratio improved to an all-time low

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM) (Summit, Summit Materials, "Summit Inc." or the Company), a leading vertically integrated construction materials company, today announced results for the fourth quarter and full year ended January 1, 2022 (fourth quarter or "full year").... More