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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) has completed the sale of its storage tanks business to Black Diamond Capital Management for $275 million in cash. This move is part of Arcosa's strategy to simplify its business portfolio and enhance shareholder value. The proceeds from the sale will initially be used to repay outstanding debt, allowing the company to focus on reinvesting in its growth sectors. The expected revenue from the storage tanks business for 2022 was projected at $245-255 million, with an Adjusted EBITDA of $52-55 million.
Arcosa, Inc. (NYSE: ACA) has announced a quarterly cash dividend of
Arcosa operates in infrastructure-related markets, focusing on construction, engineered structures, and transportation products, highlighting its strategic position in essential sectors.
Arcosa, Inc. (NYSE: ACA) reported a remarkable second quarter for 2022, achieving record revenues of $602.8 million, marking a 17% increase year-over-year. Net income rose by 41% to $39 million, and Adjusted EBITDA climbed 26% to $99.2 million, yielding an Adjusted EBITDA margin of 16.5%. The company successfully navigated market demand and inflation challenges, particularly in its Engineered Structures segment, which saw a 30% EBITDA increase. Additionally, a $75 million acquisition of RAMCO expanded their recycled aggregates reach into Southern California. Revised guidance projects a full-year Adjusted EBITDA range of $325 million to $345 million.
Arcosa, Inc. (NYSE: ACA) announced it will release its second-quarter results for the period ending June 30, 2022, on August 3, 2022, after market close. An earnings call is scheduled for August 4, 2022, at 8:30 a.m. Eastern Time, accessible through webcast and dial-in options. The call will remain available for replay until August 18, 2022. Arcosa is a provider of infrastructure-related products and solutions with significant market positions across construction, engineered structures, and transportation sectors.
Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. This dividend is payable on July 29, 2022, to stockholders of record as of July 15, 2022. The company, based in Dallas, Texas, specializes in infrastructure-related products and operates across three main segments: Construction Products, Engineered Structures, and Transportation Products.
Arcosa, Inc. (NYSE: ACA) reported strong first-quarter results for 2022, with revenues of $535.8 million, a 22% increase year-over-year. Net income was $20.2 million, while Adjusted EBITDA rose 30% to $73.4 million. The company has agreed to sell its storage tanks business for $275 million, enhancing portfolio focus. Construction Products saw a 38% revenue increase, driven by acquisitions and pricing gains. The company tightened its full-year Adjusted EBITDA guidance to between $290-$305 million.
Arcosa, Inc. (NYSE: ACA) has announced a definitive agreement to sell its storage tanks business to Black Diamond Capital Management for $275 million in cash. This move aligns with Arcosa's strategy to simplify its portfolio and enhance shareholder value. The storage tanks business, which reported $200 million in revenue in 2021, will continue operating in Mexico. Proceeds from the sale will be reinvested in the company's Construction Products segment, focusing on strategic growth in less cyclical markets. The transaction is expected to close later this year pending regulatory approvals.
Arcosa, Inc. (NYSE: ACA) has announced it will release its first quarter financial results for the period ending March 31, 2022, after market close on April 28, 2022. The company will also host an earnings call at 8:30 a.m. Eastern Time on April 29, 2022, to discuss these results. Investors can access the call via a webcast and download the associated slides beforehand. A recording will be available until May 13, 2022, and the company operates in construction, engineered structures, and transportation markets.
Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its common stock, payable on April 29, 2022, to shareholders of record as of April 14, 2022. This decision by the Board of Directors reflects the company's commitment to returning value to its shareholders. Arcosa operates in infrastructure-related markets and is positioned in construction, engineered structures, and transportation. For further information, visit www.arcosa.com.
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