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Granite sees gains in second quarter 2021

By |  August 3, 2021

Logo: Granite Construction

Granite Construction reports that its materials revenue and gross profit increased year over year in the second quarter due to continued strong demand and higher volumes in both aggregate and asphalt within the company’s vertically-integrated California and Northwest operating groups.

Companywide, Granite says its second-quarter revenue was up 5.3 percent compared to the same period in 2020. Quarterly revenue was up to $964.2 million.

Additionally, Granite’s gross profit increased to $116.9 million in the quarter versus $88.3 million in the second quarter of 2020.

Kevin Yanik

About the Author:

Kevin Yanik is the editor-in-chief of Pit & Quarry magazine. Yanik can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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