Martin Marietta Q2 profits grow further on construction recovery

By Davide Ghilotti
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...

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