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Summit Materials sees record adjusted EBITDA


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. Average cement selling prices also saw a marginal improvement of 0.4 per cent YoY. ....

Anne Noonan , Summit Materials , States Based Summit Materials , Elevate Summit , அன்னே நண்பன் , உச்சிமாநாடு பொருட்கள் , மாநிலங்களில் அடிப்படையிலானது உச்சிமாநாடு பொருட்கள் , உயர்த்தவும் உச்சிமாநாடு ,