Martin Marietta Reports Second-Quarter 2023 Results
RALEIGH, N.C., July 27, 2023 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June 30, 2023.
- See Appendix to this earnings release for a reconciliation to net earnings from continuing operations attributable to Martin Marietta.
- Ward Nye, Chairman and CEO of Martin Marietta, stated, “Martin Marietta delivered exceptional performance across nearly every safety, financial and operational measure in the second quarter.
- These impressive results, despite lower aggregates shipments, demonstrate the success of our value-over-volume commercial strategy and the durability of our business model through various macroeconomic conditions.
- Cash paid for property, plant and equipment additions for the six months ended June 30, 2023 was $293.4 million.