L. B. Foster Company ( (FSTR) ) has released its Q2 earnings. Here is a breakdown of the information L. B. Foster Company presented to its investors.
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L.B. Foster Company is a global technology solutions provider specializing in products and services for the rail and infrastructure markets, with a presence in North America, South America, Europe, and Asia. In its latest earnings report, L.B. Foster announced a strong performance for the second quarter of 2025, highlighted by a 51.4% increase in Adjusted EBITDA and a 2.0% rise in organic sales, primarily driven by the Precast Concrete business unit. The company’s backlog grew by 8.1%, with significant contributions from the Rail segment, which saw a 13.9% increase in backlog. Notably, the Infrastructure segment experienced a 22.4% increase in sales, led by a 36.0% rise in Precast Concrete sales. Despite a decline in Rail segment sales, the company achieved a 67.9% increase in operating income, attributed to higher gross profit and reduced selling and administrative expenses. Looking ahead, L.B. Foster anticipates continued organic sales growth and profitability improvements, supported by a robust backlog and strategic initiatives aimed at enhancing shareholder returns through the remainder of 2025.