In the Q2, Martin Marietta Materials Inc 's corporate clients experienced a fall by -32.34 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -36.31 %. During the corresponding time, Martin Marietta Materials Inc recorded a revenue increase by 7.51 % year on year, sequentially revenue grew by 42.95 %. While revenue at the Martin Marietta Materials Inc 's corporate clients recorded rose by 12.83 % year on year, sequentially revenue grew by 8.81 %.
Customers of Martin Marietta Materials Inc saw their costs of revenue fall by -32.34 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -36.31 %, for the same period Martin Marietta Materials Inc recorded revenue increase by 7.51 % year on year, sequentially revenue grew by 42.95 %.
Martin Marietta Materials Inc's Comment on Sales, Marketing and Customers
No material part of the business of any segment of the Company is dependent
upon a single customer or upon a few customers, the loss of any one of which
would have a material adverse effect on the segment. The Company’s products
are sold principally to commercial customers in private industry. Although large
amounts of construction materials are used in public works projects, relatively
insignificant sales are made directly to federal, state, county, or municipal
governments, or agencies thereof.
Martin Marietta Materials Inc’s Comment on Sales, Marketing and Customers
No material part of the business of any segment of the Company is dependent
upon a single customer or upon a few customers, the loss of any one of which
would have a material adverse effect on the segment. The Company’s products
are sold principally to commercial customers in private industry. Although large
amounts of construction materials are used in public works projects, relatively
insignificant sales are made directly to federal, state, county, or municipal
governments, or agencies thereof.
Sources:
Martin Marietta Materials Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Martin Marietta Materials Inc’s corporate clients.
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