Sales and Earnings Growth
Total sales increased by 2% to $417.3 million, and adjusted earnings per share rose 13.1%.
Metal Coatings Segment Performance
Metal Coatings achieved a 10.8% sales growth supported by higher volumes and infrastructure project activity.
Operating Cash Flow Improvement
Operating cash flow improved by 23%, reflecting disciplined execution.
Debt Management and Interest Savings
Interest expense decreased significantly by $8.2 million due to debt paydown and repricing.
Infrastructure Investment Impact
IIJA-related spending positively affected demand for Metal Coatings, with utility sales up 19%.