The company reported Q2 2024 total revenues of $2,014 million ($2,113 million a year earlier), net earnings attributable to Vulcan of $308 million ($309 million a year earlier), and Adjusted EBITDA of $603 million ($595 million a year earlier).

1. 01

   The company reported Q2 2024 total revenues of $2,014 million ($2,113 million a year earlier), net earnings attributable to Vulcan of $308 million ($309 million a year earlier), and Adjusted EBITDA of $603 million ($595 million a year earlier).

2. 02

   Vulcan said Aggregates segment gross profit for Q2 rose 6% to $529 million, shipments fell 5%, and freight-adjusted selling prices rose 12%. The company cited heavy rainfall in many key markets, particularly Texas and the Southeast, as the reason for the shipment decline.

3. 03

   Vulcan reported operating cash flow of $374.5 million for the 6-month period ($507.5 million a year earlier), and it paid $550.4 million in repayments of current maturities and long-term debt over the same period. The figures are for the 6-month period, not a single quarter.

4. 04

   Vulcan said it expects total Aggregates segment shipments in 2024 to fall 4 to 7%, freight-adjusted prices to improve 10 to 12%, and Adjusted EBITDA to be between $2.00 and $2.15 billion.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.