Arcosa highlighted several gains within its construction products business upon releasing its second-quarter financial report.
According to Arcosa, revenues in construction products climbed 28 percent to a record $354.5 million. The contribution from the construction materials business of Stavola Holding Corp., which Arcosa acquired last October, added $90.3 million to revenues during the second quarter.
In aggregates, Arcosa’s total volumes increased 6 percent in the second quarter. Aggregate freight-adjusted average sales price increased 8 percent and resulted in aggregate adjusted cash gross profit per ton growth of 15 percent.
Companywide, Arcosa’s revenues were up 11 percent in the second quarter to $736.9 million. Net income was up 31 percent to $59.7 million, and adjusted EBITDA (earnings before interest, tax, depreciation and amortization) increased 37 percent to $154.2 million.
“Arcosa remains on track for strong growth in 2025,” says Antonio Carrillo, president and CEO of Arcosa. “Our U.S.-focused operations are well-aligned with long-term infrastructure and power market tailwinds. Given healthy overall demand in our growth businesses along with solid backlog visibility in our cyclical businesses, we are tightening our guidance range while maintaining the midpoint to reflect increased confidence in our overall outlook.”
Related: How Martin Marietta performed in the second quarter
