U.S. Concrete Announces Second Quarter 2019 Results

Posted by U.S. Concrete on Aug 9, 2019 7:53:27 AM

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SECOND QUARTER 2019 RESULTS1

  • Total consolidated revenue was $367.5 million
  • Aggregate products revenue of $49.5 million on sales volume of 2.9 million tons increased 2.1% compared to last year's second quarter
  • Aggregate products average sales price of $11.83 per ton increased 6.5% compared to last year's second quarter
  • Ready-mixed concrete revenue was $314 million on sales volume of 2.3 million cubic yards
  • Ready-mixed concrete average sales price of $138.40 per cubic yard increased 4.0% compared to last year's second quarter
  • Net income was $0.9 million and Total Adjusted EBITDA2 was $42.0 million
  • Cash provided by operating activities was $18.7 million
  • Adjusted Free Cash Flow2 of $14.1 million increased 29.4% compared to last year's second quarter

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/mmc/p/a5m5cx7p. 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