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 | ||
40 USD | +1.60% | +4.41% | +4.00% |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+4.00% | 7.02B | |
+12.25% | 53.84B | |
+21.26% | 37.34B | |
+15.08% | 34.54B | |
-7.64% | 33.53B | |
+9.73% | 19.06B | |
+21.33% | 18.67B | |
+17.64% | 18.51B | |
+6.96% | 11.93B | |
+18.24% | 4.43B |
- Stock Market
- Equities
- SUM Stock
- News Summit Materials, Inc.
- Summit Materials to Seek Acquisitions