Titan America Reports Solid Q1 2025 Results

Titan America SA ( (TTAM) ) has released its Q1 earnings. Here is a breakdown of the information Titan America SA presented to its investors.

Titan America SA, a prominent player in the construction industry, specializes in producing and supplying building materials and solutions along the U.S. East Coast. The company operates through various segments, including cement plants, ready-mix concrete plants, and aggregates, with a strong presence in high-growth regions like Florida and the Mid-Atlantic.

In its first quarter of 2025, Titan America reported solid financial results despite facing adverse weather conditions. The company achieved a net income increase of 13% to $33.4 million and an 11.8% rise in earnings per share to $0.19, compared to the same period in 2024. The revenue slightly declined by 1.9% to $392.4 million, primarily due to weather-related disruptions.

Key financial metrics highlighted in the report include an 11.7% increase in Adjusted EBITDA to $79.8 million, driven by resilient pricing and higher aggregates volumes. The Florida segment showed a notable 25.9% growth in adjusted EBITDA, while the Mid-Atlantic segment faced challenges with a 40.2% decrease due to weather impacts. Titan America also reported a free cash flow of $2.7 million and maintained a strong cash position with $143.2 million in cash and cash equivalents.

Looking ahead, Titan America’s management remains optimistic about its growth prospects for 2025, reaffirming its guidance for mid-single-digit revenue growth and modest improvements in Adjusted EBITDA margins. The company is well-positioned to navigate market uncertainties, leveraging its vertically integrated business model and strategic investments to deliver long-term shareholder value.