Growth in the lime and limestone business contributed significantly to United States Lime & Minerals’ (USLM) financial gains in the first quarter this year.
According to USLM, its first-quarter revenues jumped 27.3 percent to $91.3 million. An increase in lime and limestone sales volumes – largely to construction and environmental customers – and elevated selling prices drove the gain.
The company’s gross profit in the first quarter, meanwhile, was up 50.8 percent to $46.2 million.
Additionally, USLM says selling, general and administrative expenses were up 29.2 percent in the quarter to $6.3 million.
“We are pleased with the company’s strong financial performance in the first quarter 2025,” says Timothy Byrne, president and CEO at USLM. “We continued to see solid demand from our construction customers during the quarter, which was further amplified by some large, ongoing construction projects.”
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