Martin Marietta Materials Inc

MLM: XNYS (USA)
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Martin Marietta Earnings: Volume Growth in Lower-Margin Geographies Amounts to Flat Gross Profits

Martin Marietta reported first-quarter sales growth of 17% year over year, but outsize growth in lower-margin Central and West divisions caused gross profits to decline. Additionally, the firm announced the completion of its asset exchange with Quikrete and the acquisition of New Frontier Materials.

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