Martin Marietta Materials Reports Record Q1 Revenues of $1.4 Billion Amid Strong Aggregate Demand
Martin Marietta Materials reported record first-quarter revenues of $1.4 billion, driven by a 7.2% increase in aggregate shipments and strong demand for infrastructure projects. The company completed the Quikrete Asset Exchange, which is expected to shift its portfolio toward durable aggregates and provide $450 million in cash.
Tickers: $MLM
Topics: acquisition aggregates earnings guidance operational_performance