Martin Marietta Materials, Inc.
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)   October 4, 2005
 
Martin Marietta Materials, Inc.
 
(Exact Name of Registrant as Specified in Its Charter)
North Carolina
 
(State or Other Jurisdiction of Incorporation)
     
1-12744   56-1848578
     
(Commission File Number)   (IRS Employer Identification No.)
     
2710 Wycliff Road, Raleigh, North Carolina   27607
     
(Address of Principal Executive Offices)   (Zip Code)
(919) 781-4550
 
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
 
(Former Name or Former Address, if Changed Since Last Report)
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
     o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 2.02 Results of Operations and Financial Condition.
On October 4, 2005, the Corporation announced an increased quarterly earnings range for the third quarter ended September 30, 2005 and for the year ending December 31, 2005. The press release, dated October 4, 2005, is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.
Item 7.01 Regulation FD Disclosure.
On October 4, 2005, the Corporation announced an increased quarterly earnings range for the third quarter ended September 30, 2005 and for the year ending December 31, 2005. The press release, dated October 4, 2005, is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.
The Corporation will host an online Web simulcast of its third-quarter 2005 earnings conference call on Tuesday, November 1, 2005. The live broadcast of the Corporation’s conference call will begin at 2 p.m., Eastern Time, on November 1, 2005. An online replay will be available approximately two hours following the conclusion of the live broadcast. A link to these events will be available at the Corporation’s Web site at www.martinmarietta.com. For those investors without online web access, the conference call may also be accessed by calling 913-981-5520, confirmation number 4709633.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
99.1        Press Release dated October 4, 2005, announcing an increased quarterly earnings range for the third quarter ended September 30, 2005 and for the year ending December 31, 2005.


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
     
  MARTIN MARIETTA MATERIALS, INC.    
  (Registrant)   
     
 
     
Date: October 4, 2005  By:   /s/ Anne H. Lloyd    
    Anne H. Lloyd,   
    Vice President and Chief Financial Officer   


 

         
EXHIBIT INDEX
         
Exhibit No.   Description
  99.1    
Press Release dated October 4, 2005, announcing an increased quarterly earnings range for the third quarter ended September 30, 2005 and for the year ending December 31, 2005.

Ex-99.1
 

EXHIBIT 99.1
MartinMariettaMaterialsLogo
         
FOR IMMEDIATE RELEASE
  Contact:   Anne H. Lloyd
 
      Vice President, Chief Financial
 
      Officer and Chief Accounting Officer
 
      (919) 783-4660
 
      www.martinmarietta.com
MARTIN MARIETTA MATERIALS, INC.
INCREASES THIRD-QUARTER AND ANNUAL EARNINGS RANGE
 
TO BROADCAST THIRD-QUARTER CONFERENCE CALL
LIVE ON THE INTERNET
RALEIGH, North Carolina (October 4, 2005) – Martin Marietta Materials, Inc. (NYSE:MLM), today announced that it expects third quarter earnings to be in a range from $1.61 to $1.66 per diluted share, including a one-time benefit of an estimated $0.17 per share from a decrease in estimated tax liabilities. Earnings in the prior-year period were $1.11 per share. The expected results are higher than the previously announced third quarter earnings per share range. The earnings increase is primarily attributable to continued strong aggregates pricing, solid volume and good cost management, in spite of an environment of escalating fuel-related costs and the negative impact of Hurricanes Katrina and Rita on the Corporation’s operations. A nonrecurring write down of $1.5 million of composites-related inventory is also included in the earnings range.
We expect net earnings per share for 2005 to range from $3.80 to $3.95 per share inclusive of the aforementioned one-time tax benefit. As is customary with the seasonality of the Corporation’s business, the fourth quarter is subject to weather-related risk from both the continuation of record 2005 hurricane activity and the affects of winter on the Corporation’s operations. Other factors that will affect fourth quarter performance include the volatility of energy prices, control of the rising costs of supply parts and wages and benefits and residential construction strength.
The Corporation will provide an online Web simulcast of its third-quarter 2005 earnings conference call on Tuesday, November 1, 2005. The Company will release results for the quarter and nine-months ended September 30, 2005, that morning before the market opens.
The live broadcast of Martin Marietta Materials’ conference call will begin at 2 p.m. Eastern Time on November 1, 2005. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue for one year.

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MLM Increases Third-Quarter and Annual Earnings Range
Page 2
October 4, 2005
For those investors without online web access, the conference call may also be accessed by calling 913-981-5520, confirmation number 4709633.
Martin Marietta is the nation’s second largest producer of construction aggregates, a leading producer of magnesia-based chemical products and is developing structural composites products for use in a wide variety of industries.
Investors are cautioned that all statements in this press release that relate to the future involve risks and uncertainties, and are based on assumptions that the Corporation believes in good faith are reasonable but which may be materially different from actual results. Factors that the Corporation currently believes could cause actual results to differ materially from the forward-looking statements in this press release include, but are not limited to finalization of the quarterly financial results, review of the financial results by management and the Audit Committee of the Board of Directors; and other risk factors listed from time to time found in the Corporation’s filings with the Securities and Exchange Commission. The Corporation assumes no obligation to update any such forward-looking statements.
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