Martin Marietta Q2 profits grow further on construction recovery
Published: Thursday, 03 August 2017
Demand from the residential housing end markets increased almost 15% in the quarter as a number of southern US states continue to drive the recovery in the construction sector.
US-based heavy building materials manufacturer Martin
Marietta Inc. posted double-digit growth in its net profit in
the second quarter of this year, supported by continuing
recovery in construction activity in the country.
The company recorded a 17% increase in net profit in Q2, to
$142.3m, on the back of improved...