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Arcosa, Inc. (NYSE: ACA) is a prominent provider of infrastructure-related products and solutions, renowned for its contributions across construction, engineered structures, and transportation markets. Headquartered in Dallas, Texas, Arcosa operates through three principal segments: Construction Products, Engineered Structures, and Transportation Products.
Construction Products: Arcosa's Construction Products segment is a leading supplier of construction aggregates, including natural and recycled materials, as well as trench shields and shoring products. Recent acquisitions have expanded their footprint in Florida, Arizona, and Texas, enhancing their product offerings and operational efficiency. This segment continues to benefit from strong pricing momentum and market tailwinds.
Engineered Structures: The Engineered Structures segment specializes in manufacturing utility, wind, and related structures, including structural wind towers and telecommunication structures. The recent acquisition of Ameron Pole Products LLC enhances Arcosa's market position, adding premium concrete and steel poles to their portfolio. This segment is poised for growth with ongoing projects, such as the new wind tower facility in New Mexico, which is set to begin production in mid-2024.
Transportation Products: Arcosa's Transportation Products segment caters to the inland waterway and rail transportation industries. The segment has shown significant growth with increased barge revenues and improved margins. Recent orders have extended their backlog into 2025, highlighting continued demand and operational efficiency.
Financially, Arcosa has demonstrated robust performance with strong revenue and Adjusted EBITDA growth. The company’s strategic acquisitions and disciplined capital allocation have positioned it well for sustained growth. Additionally, Arcosa is committed to sustainability, with significant reductions in greenhouse gas emissions and water consumption, alongside initiatives to enhance safety and community engagement.
Looking ahead, Arcosa's solid balance sheet and liquidity, combined with strategic acquisitions and organic growth initiatives, position it for continued success in its key markets.
Arcosa, Inc. (NYSE: ACA) reported strong second quarter 2024 results, with record quarterly revenues of $664.7 million (up 14% year-over-year) and Adjusted EBITDA of $112.7 million (up 31%). The company raised the low end of its full-year 2024 Adjusted EBITDA guidance to $420-$440 million. Key highlights include:
- Construction Products: Revenues up 4% to $276.1 million, Adjusted Segment EBITDA up 22%
- Engineered Structures: Revenues up 33% to $274.8 million, Adjusted Segment EBITDA up 48%
- Transportation Products: Revenues flat at $113.8 million, Adjusted Segment EBITDA up 7%
Arcosa also announced a $1.2 billion acquisition of Stavola's construction materials business and the divestiture of its steel components business, aligning with its strategic vision for growth.
Arcosa (NYSE: ACA), a provider of infrastructure-related products and solutions, has announced the timing for its second quarter 2024 earnings release and conference call. The company will release its Q2 2024 results after market close on Thursday, August 1, 2024. An earnings call to discuss the results is scheduled for Friday, August 2, 2024, at 8:30 a.m. Eastern Time.
Investors and analysts can access the call via webcast and slide presentation on Arcosa's investor relations website or by dialing in. A recording of the call will be available until August 16, 2024, and a replay will be accessible on the company's website for one year.
Arcosa, Inc. (NYSE: ACA) has declared a regular quarterly cash dividend of $0.05 per share on its common stock. The dividend is payable on July 31, 2024, to stockholders of record as of July 15, 2024.
Arcosa, Inc. (NYSE: ACA) announced First Quarter 2024 Results, with revenues up 9% and Adjusted EBITDA growth of 7%. Operating cash flow increased by 195%. Full Year 2024 guidance raised to $410M - $440M, reflecting recent Ameron acquisition and strong Q1 results. The company continues to show growth and stability across its segments, with positive outlook and focus on sustainability initiatives.
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