The company said total revenues for Q1 2024 (quarter ended March 31) were $1,546 million, down from $1,649 million a year earlier, and Adjusted EBITDA was $323 million (margin 20.9%), compared with $338 million (margin 20.5%) a year earlier.

1. 01

   The company said total revenues for Q1 2024 (quarter ended March 31) were $1,546 million, down from $1,649 million a year earlier, and Adjusted EBITDA was $323 million (margin 20.9%), compared with $338 million (margin 20.5%) a year earlier.

2. 02

   The company said Aggregates shipments in Q1 fell to 48.1 million tons from 51.8 million tons a year earlier, and freight-adjusted sales price was $20.59 per ton, compared with $18.69 a year earlier. It cited unfavorable weather as the reason for the lower shipments.

3. 03

   Vulcan said it used $550 million of cash on hand to redeem its 2026 notes in Q1, and returned a total of $81 million to shareholders, including $19 million of common stock repurchases and $62 million of dividends. The ratio of total debt to Adjusted EBITDA was 1.7 times.

4. 04

   The company said it maintains its outlook for full-year Adjusted EBITDA of $2.15 to $2.30 billion, and that all aspects of its outlook from February remain unchanged. It also said it expects to spend $625 to $675 million on maintenance and growth projects for the full year.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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