Risk Factors Update Summary
- Revenue-generating states increased from five to ten, impacting profitability.
- Aggregates shipments in top states decreased from 60% to 59% in 2023.
- Cyber threats are evolving, with attacks becoming more sophisticated and complex.
- Cement plant shutdown costs increased from $33 million to $38 million in 2023.
- Magnesia Specialties business has fixed-price agreements for 39% of coal needs in 2024.
- Energy costs represented 28% of total costs in 2022, decreased to 18% in 2023.
- Transportation logistics contracts have varying expiration dates ranging from 2023 to 2027.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=916076&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.