Vulcan Materials Reaffirms 2015 Adjusted EBITDA Outlook - Quick Facts

(RTTNews) - While reporting its financial results for the third quarter today, Vulcan Materials Co. (VMC), the largest U.S. producer of construction aggregates, reaffirmed its adjusted EBITDA outlook for fiscal 2015.

Vulcan Materials reaffirmed its expectation for full-year adjusted EBITDA of $775 to $825 million, assuming normal weather patterns in the fourth quarter. The company expects these results to be driven by strong growth in aggregates gross profit per ton, earnings improvement in its non-aggregates businesses and continuing leverage of SAG expenses.

Further, the company said it expects the trends evident thus far in 2015 to extend into 2016 as the gradual recovery in demand continues across most of its markets.