Tag: Arcosa
The 2023 growth narrative continued in the third quarter for the industry’s public producers, with further price increases once again offsetting declines in sales volumes for most. Get company-by-company rundowns.
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President and CEO Antonio Carrillo offers commentary on Arcosa’s performance.
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Presenting quarterly highlights from the industry’s public producers, including Vulcan Materials, Martin Marietta, Holcim and Heidelberg Materials.
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Quarterly revenue tied to natural aggregates and specialty materials was relatively unchanged as higher pricing offset lower volumes, the company says.
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While aggregate production remains at historically healthy levels, the latest U.S. Geological Survey data showing consecutive quarterly declines is worth poring over.
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Wet weather hampered aggregate shipments in some regions during the first quarter, but aggressive pricing actions drove earnings for the industry’s public producers.
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Although Arcosa’s aggregate business experienced volume headwinds, the company’s construction products business was nonetheless a top performer.
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Several of the nation’s largest public aggregate producers reported positive results in the third quarter of 2022 due, in part, to increased pricing.
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P&Q caught up with the director of mergers and acquisitions at Colas USA to discuss trends in industry M&A – and more.
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