Summit Materials, Inc. (NYSE:SUM) will look for acquisitions. Anne Noonan, CEO said "Our overall progress is more evident when considering our Elevate Summit scorecard on Slide 5. For Summit stand-alone, at 2.1x net debt to EBITDA, we've effectively employed a disciplined and growth-oriented approach to capital allocation. And critically, on a pro forma basis, our net leverage remains well below the 3x target, which gives our balance sheet ample flexibility for further portfolio-enhancing acquisitions and to fully fund organic growth opportunities".
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
38.64 USD | -0.64% | -2.08% | +0.47% |
05-16 | Profits for Colombia's Grupo Argos surge more than nine fold in first quarter | RE |
05-14 | Summit Materials Insider Sold Shares Worth $2,033,951, According to a Recent SEC Filing | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+0.47% | 6.78B | |
+18.22% | 56.04B | |
+14.67% | 35.26B | |
-5.59% | 34.25B | |
+12.67% | 33.83B | |
+18.26% | 18.89B | |
+8.50% | 18.83B | |
+21.76% | 18.72B | |
-3.40% | 10.86B | |
+6.84% | 4B |
- Stock Market
- Equities
- SUM Stock
- News Summit Materials, Inc.
- Summit Materials to Seek Acquisitions