Construction boosts Q1 sales for Martin Marietta

By Davide Ghilotti
Published: Wednesday, 03 May 2017

Higher demand for aggregates was seen in southern US states, as sales of cement and building materials were supported by the strengthening of construction and infrastructure across the country – a driver that the company believes will persist in the coming months.

US-based heavy building materials manufacturer Martin Marietta Inc. saw solid growth in first-quarter revenues on the back of a "vibrant" economic environment for infrastructure and construction in the US, while profit decreased 10% in the period.

Q1 revenues rose 8% to a record $791.7m, the company reported in its latest...

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