Arcosa highlighted revenue and pricing gains within its construction products business upon releasing its second-quarter report.
According to Arcosa, its construction products revenue increased 8 percent in the quarter to $264.8 million. Higher pricing and volume growth in recycled aggregates drove the increase along with organic volume growth and acquisition-related contributions from the company’s trench shoring business.
Revenue tied to natural aggregates and specialty materials was relatively unchanged, Arcosa says, as higher pricing offset lower volumes.
“In construction products, we continued to successfully advance pricing, manage cost pressures and drive solid unit profitability in natural and recycled aggregates,” says Antonio Carrillo, president and CEO of Arcosa. “However, overall adjusted segment EBITDA margins were impacted by operating inefficiencies in our specialty materials business that we are addressing.”