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Summit Materials has presented some ambitious but achievable medium-term financial targets. While inflation is a headwind, the resilient demand environment and Summit's ability to take pricing should help. With a stronger balance sheet also allowing for more aggressive capital all...
Summit Materials (NYSE:SUM) said Tuesday that it has achieved three of four targets set in its Elevate Strategy launched a year ago, reporting 2.5x net debt to EBITDA, return on invested capital of 8.8%, and adjusted EBITDA margin of 23.3%. The company said it has completed 10 divestitures th...
3 of 4 Horizon One targets achieved in year after strategy launch Over $470 million in proceeds generated from divestitures Reiterates and Provides Additional Details on its Path to Horizon Three Targeted Returns and Margins Summit Materials, Inc. (NYSE: SUM)...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Summit Materials, Inc. (NYSE: SUM) ("Summit," “Summit Materials,” “Summit, Inc.” or the "Company"), a leading vertically integrated construction materials company, today announced the divestiture of Kentucky-based Hinkle Contracting Company, LLC (“...
Summit Materials, Inc. (NYSE: SUM, “Summit,” or the “Company”), a leading vertically integrated construction materials company, has appointed Kekin Ghelani as the Company’s first-ever Chief Strategy and Growth Officer. Kekin brings a wealth of experien...
Summit Materials, Inc. (SUM) Q1 2022 Results Conference Call May 05, 2022 11:00 AM ET Company Participants Karli Anderson - EVP, Chief Environmental, Social & Governance Officer and Head of IR Anne Noonan - President, CEO & Director Brian Harris - EVP & CFO Conference Call Partici...
The following slide deck was published by Summit Materials, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Summit Materials, Inc. 2022 Q1 - Results - Earnings Call Presentation
Strong pricing and demand conditions continue Results in line with expectations Net Leverage Ratio remains below Elevate Summit target Summit Materials, Inc. (NYSE: SUM) (“Summit,” “Summit Materials,” "Summit Inc." or the “C...
Summit Materials, Inc. (NYSE: SUM, “Summit” or the “Company”), a leading vertically integrated construction materials company, will host a hybrid investor day on Tuesday, May 24, 2022 beginning at 9:00am eastern time (7:00am mountain time). Chief Exec...
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Summit Materials Announces Second Quarter 2024 Results Conference Call Date PR Newswire DENVER , July 19, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM, "Summit" or the "Company"), a leading vertically integrated construction materials company, today...
Perth, Australia (ABN Newswire) - Summit Minerals Limited (ASX:SUM) is pleased to provide an update on exploration activities related to its recently acquired Equador Nb-Ta-REE Project in northeast Brazil's Borborema Pegmatitic Province (BPP), Paraiba State. The province is one of the world's mos...
2024-05-24 08:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...