Additionally, on
Together, these portfolio optimizing transactions not only improve the Company's product mix, margin profile and durability through cycles, but also provide balance sheet flexibility for future acquisitive and organic growth.
'Combined with the recent acquisition of
The BWI Southeast transaction will be financed with balance sheet cash and is expected to close later this year, subject to regulatory approvals and other customary closing conditions.
Further details on these transactions as well as Martin Marietta's full year results and overall 2024 outlook will be provided on the Company's fourth-quarter and full-year 2023 earnings call on
About Martin Marietta
Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states,
Contact:
Tel: (919) 510-4736
Email: Jacklyn.Rooker@martinmarietta.com
This release contains statements which constitute forward-looking statements within the meaning of federal securities law. Statements and assumptions on future revenues, income and cash flows, performance, economic trends, the outcome of litigation, regulatory compliance and environmental remediation cost estimates are examples of forward-looking statements. Numerous factors could affect the Company's forward-looking statements and actual performance.
Investors are cautioned that all forward-looking statements involve risks and uncertainties and are based on assumptions that the Company believes in good faith are reasonable at the time the statements are made, but which may be materially different from actual results. Investors can identify these statements by the fact that they do not relate only to historic or current facts. The words 'may', 'will', 'could', 'should', 'anticipate', 'believe', 'estimate', 'expect', 'forecast', 'intend', 'outlook', 'plan', 'project', 'scheduled' and other words of similar meaning in connection with future events or future operating or financial performance are intended to identify forward-looking statements. Any or all of Martin Marietta's forward-looking statements in this release and in other publications may turn out to be wrong.
You should consider these forward-looking statements in light of risk factors discussed in Martin Marietta's Annual Report on Form 10-K for the year ended
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