Brief: Martin Marietta And Quikrete To Exchange Certain Cement And Concrete Assets For Aggregates Assets Company

Martin Marietta Materials

04/08/2025 14:11

Aug 4 (Reuters) - Martin Marietta Materials Inc MLM.N:

MARTIN MARIETTA AND QUIKRETE TO EXCHANGE CERTAIN CEMENT AND CONCRETE ASSETS FOR AGGREGATES ASSETS; COMPANY ALSO COMPLETES ACQUISITION OF PREMIER MAGNESIA, LLC; PREVIEWS SECOND QUARTER 2025 EARNINGS AND RAISES FULL-YEAR GUIDANCE

TO RECEIVE AGGREGATES AND $450 MILLION CASH

QUIKRETE TO RECEIVE MIDLOTHIAN CEMENT PLANT AND TEXAS ASSETS

EXPECTS Q2 REVENUES OF $1.81 BILLION

RAISES 2025 EBITDA GUIDANCE TO $2.30 BILLION AT MIDPOINT

Q2 REVENUE VIEW $1.88 BILLION -- LSEG IBES DATA

Source text: ID:nGNX6CQmJV

Further company coverage: MLM.N

 ((Reuters.Briefs@thomsonreuters.com;))