Vulcan Materials Company Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
For the year to date, the company's net sales were $1,200,362,000 against $1,148,741,000 a year ago. Total revenues were $1,276,895,000 against $1,230,018,000 a year ago. Operating income was $36,808,000 against operating loss of $26,618,000 a year ago. Loss from continuing operations before income taxes was $64,157,000 against $130,181,000 a year ago. Loss from continuing operations was $31,491,000 or $0.24 per diluted share against $74,036,000 or $0.57 per diluted share a year ago. Net loss was $26,064,000 or $0.20 per diluted share against $70,336,000 or $0.54 per diluted share a year ago. EBITDA was $192,023,000 against $145,056,000 a year ago. Adjusted EBITDA was $167,312,000 against $174,822,000 a year ago. Net cash used for operating activities was $45,345,000 against $3,061,000 a year ago. Purchases of property, plant & equipment was $60,041,000 against $33,584,000 a year ago. EBIT was $39,466,000 against LBIT of $24,227,000 a year ago.