Record Quarter for Arcosa
Arcosa reported record revenues and an all-time high adjusted EBITDA margin of 20.9%, up 360 basis points. Revenue increased 18% and adjusted EBITDA grew 42% year-over-year, excluding the divested steel components business.
Stavola Acquisition Success
The integration of Stavola, acquired in October 2024, significantly drove growth with a 14% increase in consolidated revenues and expanded adjusted EBITDA margin by 250 basis points.
Strong Growth in Construction Products
The Construction Products segment saw a 28% increase in revenues and a 44% increase in adjusted segment EBITDA, driven by the Stavola acquisition. Margin expanded by 310 basis points to 28.3%.
Engineered Structures Performance
Segment revenue increased by 7%, and adjusted segment EBITDA increased by 31%, with margin expanding 350 basis points to a record 18.7%. The segment ended the quarter with a record backlog for Utility and Related Structures of $450 million, up 9% from the start of the year.
Positive Forward Momentum
Arcosa's guidance for 2025 anticipates revenues of $2.9 billion, up 17% year-over-year, and adjusted EBITDA of $570 million, up 30%, reflecting sustained growth potential.
Increased Aggregates Pricing
Aggregates business experienced an 8% increase in freight-adjusted average sales price per ton, driving a 15% increase in adjusted cash gross profit per ton.