Strong Revenue and EBITDA Growth
Total revenues of $6.8 billion were 3% ahead, with adjusted EBITDA of $495 million, 11% ahead of the prior year period, and a further 50 basis points of margin expansion.
Positive Capital Allocation and Acquisitions
Completed eight value accretive bolt-on acquisitions for approximately $600 million, with a focus on essential materials, road solutions, critical infrastructure, and outdoor living.
Resilient Demand in Key Markets
Underlying demand across key end markets remains positive, supported by infrastructure funding and reindustrialization activity, particularly in manufacturing and data centers.
International Solutions Performance
Total revenue growth of 7% translated into a 22% increase in adjusted EBITDA and a further 70 basis points of margin improvement in International Solutions.
Continued Shareholder Returns
Returned $500 million in share buybacks so far this year, with a further quarterly tranche of $300 million and a 6% increase in quarterly dividend.