Summit Materials, inc (SUM) Q3 2021 Earnings Call Transcript
SUM earnings call for the period ending September 30, 2021.
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SUM earnings call for the period ending September 30, 2021.
SUM earnings call for the period ending April 3, 2021.
Summit Materials sees record adjusted EBITDA 11 May 2021 USA-based Summit Materials has reported a US$25.5m net loss in the first quarter of 2021, compared to the US$45m in the year-ago period. Its net revenue advanced 16.4 per cent YoY to US$398.5m from US$342.4m in the 1Q20. The adjusted EBITDA also surged 166 per cent YoY to US$41.7m from US$15.7m in the January-March 2020 period. Sales volumes increased 20.7 per cent in aggregates, 13.7 per cent in cement, 7.6 per cent in ready-mix concrete and 15.9 per cent in asphalt, on the back of strong demand in most of its markets...
Than just $200 an hour. i'm not saying that more money means more safety, but you're cutting costs in a huge way. how can you ensure people's safety, especially as we're coming off something like yesterday? >> yeah, that's a great question. so that's what this summit, elevate summit, is all about. it is advancing this new type of vehicle that can replace helicopters and achieve a much higher level of safety. that's where these electric vertical take-off aircraft come in. they don't have single components that can lead to crashes such as that. instead, they have redundant systems, where any sin...