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Third-quarter volumes, pricing up at Summit

By |  November 5, 2021

Logo: Summit Materials

Summit Materials reports that aggregate-related net revenues, sales volumes and pricing all increased in the third quarter.

Aggregate net revenues increased by $23.9 million to $160.3 million in the third quarter versus the prior-year period. Aggregate sales volumes were up 9.2 percent, and average selling prices jumped 3.9 percent.

In Summit’s West segment, third-quarter aggregate revenue increased 11.9 percent over the prior-year period while organic volumes and organic average sales prices increased 3.8 percent and 2.8 percent, respectively. In Summit’s East segment, aggregate revenue increased 15 percent as volumes increased 8.9 percent and average selling prices increased 5.5 percent.

Kevin Yanik

About the Author:

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

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