May 25, 2016 5:41 AM ET

Construction Materials

Company Overview of New Enterprise Stone & Lime Co., Inc.

Company Overview

New Enterprise Stone & Lime Co., Inc. operates as a construction materials supplier and heavy/highway construction contractor primarily in Pennsylvania, western New York, and the eastern United States. The company also provides traffic safety services and equipment. It operates in three segments: Construction Materials, Heavy/Highway Construction, and Traffic Safety Services and Equipment. The Construction Materials segment is involved in the production of aggregates, including crushed stone, and construction sand and gravel; hot mix asphalt; and ready mixed concrete products. This segment also operates transportation facilities for bulk cargo storage, railroad transportation, and other tran...

3912 Brumbaugh Road

PO Box 77

New Enterprise, PA 16664

United States

Founded in 1924

2,500 Employees

Phone:

814-766-2211

Key Executives for New Enterprise Stone & Lime Co., Inc.

Chief Executive Officer, President, Corporate Secretary, Director and Member of Executive Committee
Age: 56
Chief Financial Officer, Senior Vice President and Treasurer
Age: 55
Chief Operating Officer and Executive Vice President
Age: 60
Executive Vice President and Chief Executive Officer of Martin Limestone Inc
Age: 38
Executive Vice President and Chief Executive Officer of Valley Quarries Inc
Age: 71
Compensation as of Fiscal Year 2015.

New Enterprise Stone & Lime Co., Inc. Key Developments

New Enterprise Stone & Lime Co., Inc. expected to report Fiscal Year 2016 results on May 24, 2016. This event was calculated by Capital IQ (Created on May 18, 2016).

New Enterprise Stone & Lime Co., Inc. expected to report Fiscal Year 2016 results on May 24, 2016. This event was calculated by Capital IQ (Created on May 18, 2016).

New Enterprise Stone & Lime Company Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2015; Provides Capital Expenditure Guidance for the Fiscal Year 2016

New Enterprise Stone & Lime Company Inc. reported earnings results for the third quarter and nine months ended November 30, 2015. Building on the company’s recent strong performance in the third quarter, the company once again reported a significant profit improvement generating net income of $12.1 million in a quarter in which the company recorded a $1.6 million net loss a year ago. Operating income in the third quarter was $34.3 million, up 78% or over $15 million compared to the third quarter of fiscal 2015. For the three months ended November 30, 2015, cash flow from operating activities was over $35 million. In the third quarter, total revenue decreased $5.5 million, adjusting for the disposition of noncore operations. Increases in construction materials and traffic safety services segment revenues were offset by lower heavy/highway construction segment revenue. Profitability has increased by $40 million for the first nine months of 2015 compared to last year. The company’s cash flow from operations has improved by $22 million. Capital expenditures for the fiscal year 2016 are expected to fall within the limits permitted under loan covenants.

New Enterprise Stone & Lime Co., Inc., Q3 2016 Earnings Call, Feb 01, 2016

New Enterprise Stone & Lime Co., Inc., Q3 2016 Earnings Call, Feb 01, 2016

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