Ceramic Industry News

Martin Marietta Announces Fourth Quarter And 2000 Results

Martin Marietta Materials, Inc. has reported fourth quarter and 2000 net sales and earnings. For the quarter, net sales of $314.1 million decreased 6%, compared with the prior-year period. Fourth quarter 2000 earnings from operations of $39.9 million decreased 32% when compared with the same period in 1999, while net earnings of $20.5 million decreased 37%. Earnings were $0.44 per diluted share, compared with $0.70 in the prior-year period. For the full year 2000, net sales were $1.333 billion, an increase of 6% over net sales of $1.259 billion in the prior year. Earnings from operations declined, for the first time since 1991, to $202.5 million, and net earnings declined to $112.0 million, down by 6% and 11%, respectively, when compared with the prior year. Net earnings were $2.39 per diluted share, compared with $2.68 in the prior year. Earnings for the year ended December 31, 2000, reflect a $10.2 million, or $0.14 per share, reduction in other income to $8.2 million.

The company hosted a conference call on January 24. The teleconference will be available for replay until January 31, 2001, either through the company's website at http://www.martinmarietta.com or by calling (719) 457-0820, access code 449697.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

June 2015 ceramic industry

2015 June

This issue features our first annual Supplier of the Year Awards. Be sure to check it out!
Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!