Martin Marietta pre-announces Q1 revenue $1.353B, net $116M; CFO resigns, interim named
MARTIN MARIETTA MATERIALS INC
- Preliminary Q1 2025 revenue $1.353B, net earnings $116M, adjusted EBITDA $351M.
- CFO James Nickolas resigns effective April 11 to join a Chicago-based public company as CFO; no disagreement.
- Robert Cardin appointed interim CFO, retains SVP, Controller and CAO roles.
- Company launches internal and external search for permanent CFO with executive search firm.
- Full Q1 results and 2025 outlook to be released April 30 before market open.