Vulcan’s Hill reinforces positive outlook for 2015

By |  May 5, 2015

Tom Hill, president and CEO of Vulcan Materials Co., offered an updated outlook of 2015 for his company following the release of its latest quarterly report.

According to Hill, demand for aggregates remains strong and Vulcan is experiencing accelerating momentum in volumes and pricing throughout its markets.

“The growth rate in our trailing 12-month aggregates shipments has increased for seven consecutive quarters and, as expected, that momentum is beginning to benefit aggregates pricing,” he says. “This momentum underscores our confidence in the full-year expectations we provided in early February of this year.”

In addition, Hill says lower first-quarter diesel costs led to cost savings.

“Momentum remains strong in Vulcan-served markets,” Hill says. “We are optimistic about the volume growth, pricing momentum and strong margin expansion we see across our markets.”

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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