🌼 May, 2022
Summit Materials issues strategy update, lowers adjusted EBITDA guidance
24 May, 13:25, Seeking Alpha
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Summit Materials (SUM) said Tuesday that it has achieved three of four targets set in its Elevate Strategy launched a year ago, reporting 2.5x net debt to EBITDA, return on invested…
Summit Materials Announces Divestiture of Hinkle Contracting to CRH Americas Materials
16 May, 12:15, Wallstreet:Online
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Summit Materials, Inc. (NYSE: SUM) ("Summit," “Summit Materials,” “Summit, Inc.” or the "Company"), a leading vertically integrated construction materials company, today announced the divestiture of Kentucky-based Hinkle Contracting Company, LLC (“Hinkle”) to an affiliate of CRH Americas Materials, Inc., a subsidiary of CRH PLC (“CRH Americas”). “Hinkle was among Summit’s