U.S. Concrete Announces First Quarter 2019 Results And Affirms Full Year Guidance

Posted by U.S. Concrete on May 9, 2019 8:13:05 AM

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FIRST QUARTER 2019 HIGHLIGHTS COMPARED TO FIRST QUARTER 2018

  • Consolidated revenue increased 1.6% to $333.1 million
  • Ready-mixed concrete revenue increased 0.4% to $290.4 million
  • Aggregate products revenue increased 25.4% to $42.9 million
  • Aggregate products volume increased 17.0% to 2.5 million tons
  • Operating income increased to $7.9 million and operating income margin increased to 2.4%
  • Adjusted Gross Profit2 increased 4.8% to $64.7 million and Adjusted Gross Profit Margin increased to 19.4%

Read the full press release here>>

A conference call will be held this morning at 10:00 a.m. Eastern Time (9:00 a.m. Central Time), in conjunction with our earnings release. To access the call, visit https://edge.media-server.com/m6/p/d3rvwvk8. Please visit the website at least 15 minutes before the call begins to register, download and install any necessary audio software.

Topics: In the news, U.S. Concrete