Rock Products

JUN 2019

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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14 • ROCKproducts • June 2019 IN THE KNOW year-over-year revenue growth and an improved adjusted gross profit. We con- tinue to believe these trends, including the solid runway of demand in all of our regions, reflect the strong fundamentals in the markets we serve." Sandbrook continued, "A significant driver of the positive momentum in our Adjusted Gross Profit is the significant growth in our higher margin aggre- gate products segment, once again led by Polaris. We sold 2.5 million tons of aggregates during the 2019 first quar- ter, generating more than $10 million of Adjusted EBITDA, which is more than double last year's first quarter. "There are numerous positive indica- tors that fuel our positive outlook for continued growth and reaffirm our position in the construction market," he concluded. "We are focused on con- tinuous improvement in the face of the negative weather patterns with the intent to fortify our market positions and related operating leverage. We have several internal strategic initia- tives in place to help us capitalize on the robust demand within all of our regions. These initiatives are designed to improve our operating leverage, cus- tomer service, internal processes, and most importantly our ability to oper- ate more efficiently in our seasonal and cyclical business." FAST FACT Aggregate product sales ǀŽůƵŵĞŝŶĐƌĞĂƐĞĚϭϳϬйĐŽŵ- ƉĂƌĞĚƚŽƚŚĞƉƌŝŽƌLJĞĂƌĮƌƐƚ ƋƵĂƌƚĞƌƉƌĞĚŽŵŝŶĂŶƚůLJĚƌŝǀ- en by the company's Polaris ĂŶĚǁĞƐƚdĞdžĂƐƋƵĂƌƌŝĞƐ Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales increased by 1%, reaching $3.2 billion during the first quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 3% on a like-to-like basis during the first quarter of 2019 to $562 million on a year-over-year basis. The increase in quarterly consolidated net sales was due to higher prices of its products, in local-currency terms in all of its regions, as well as higher volumes in its three core products in Europe, and in ready-mixed and aggregates in the United States. Cemex's operations in the United States Cemex U.S. Business Up 3% in First Quarter CST Industries, Inc. | 903 E 104th Street, Suite 900 | Kansas City, MO 64131 | +1 844-44-TANKS FLAT-PANEL JACK-BUILT STORAGE SOLUTION FULL LINE PRODUCT PORTFOLIO TO OFFER THE RIGHT SOLUTION, EVERY TIME &67LVWKHRQO\WDQNPDQXIDFWXUHULQWKHZRUOGWKDWSURYLGHVDµDWSDQHO jack-built tank, a chime panel scaffold built tank and factory welded tank designs, all capable of safely and economically being installed on every diverse site imaginable. World-class coatings with OptiBond TM coating process 125+ years of experience EMR rate well below industry average 350,000 installations in over 125 Countries CST offers a complete suite of inspection, maintenance, UHSDLUVPRGL´FDWLRQDQGWXUQNH\VHUYLFHV W O R L D R E C O G N I Z E D L E A D E R I N D R Y B U L K S T O R A G E TECTANK CP ™ WELDED Optimized Design – Reduced Hardware Required/Reduced Penetration Points Industry Leading Gasket – Leak Proof Design Heavy Duty Jacking System – Proof Load Tested and PE Stamped 3UHFRQ´JXUHG0RGHOV$YDLODEOH¨ Lead Time Within 10 Weeks of Order CST OptiBond™ Proprietary Coating – Ensures Best Quality Available Faster Construction Time – 20% Faster Than Chime, 30% Faster Than Welded ® TECTANK FP ®

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