US: Martin Marietta has reported consolidated net sales of US$780m in 2014, compared to US$491m in 2013, a year-on-year increase of 59%. Its cement business net sales were US$100m, earnings from operations were US$22.5m and earnings before interest, taxes, depreciation and amortisation (EBITDA) were US$37.7m.
"2014 was a transformational year for Martin Marietta and we are proud of the results we delivered, including a 77% year-on-year increase in fourth quarter 2014 net earnings," said Ward Nye, chairman, president and CEO of Martin Marietta. "Employment growth in the US, a stimulus for construction activity, is at its highest rate since 2006. Texas leads the nation in job growth, with widespread gains across many industry sectors, including trade, professional business services, leisure and hospitality, education and health services."
