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Summit Materials Inc SUM

Summit Materials, Inc. is a producer of aggregates and cement with vertically integrated operations that supply ready-mix concrete and asphalt in select markets. The Company’s West segment consists of its West and South regions, and includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The West segment supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its East segment consists of its East and Central regions and serves markets extending across the Midwestern and Eastern United States, notably in Kansas, Missouri, Virginia, Florida, North Carolina, South Carolina, Georgia, and Nebraska where it supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and nine distribution terminals along the Mississippi River from Minnesota to Louisiana.


NYSE:SUM - Post by User

Bullboard Posts
Post by speedy12on Feb 08, 2011 1:47pm
231 Views
Post# 18095309

March 17th is coming

March 17th is comingMarch 17th last year the annual results were published. Revenues increased 16% over previous year, Net earnings increased by 156% over previous year, cash flow increased 567% over previous year

That was before the launch of Shareworks Direct (April 2010) and acquisition of Computershare's North American Employee Stock Option and Transcentive business ( Aug 2010)

Q3 results (Nov 2010) showed 17% increased revenue over same quarter 2009 with a drop in net earnings of 23% attributable to one time office relocation costs.

Nine month results showed Rev up 18% and Net Earnings up 23% over previous year.

Expecting strong annual results in March.

 
Bullboard Posts