OTCPK:PILBF - Post by User
Post by
aggmanon Aug 07, 2014 8:44am
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Post# 22816689
US Concrete Q2 (all positive directionally)
US Concrete Q2 (all positive directionally) U.S. Concrete Announces 2014 Second Quarter Results
Second Quarter Highlights
- Adjusted EBITDA increased 32.5% year-over-year, to $22.2 million
- Consolidated revenue increased 14.6%, to $180.4 million
- Ready-mixed concrete sales volume rose 6.9%, to approximately 1.5 million cubic yards
- Ready-mixed concrete average sales price improved 7.4%, to $110.27 per cubic yard
- Aggregate products sales volume rose 20.9%, to approximately 1.2 million tons
- Aggregate products average sales price improved 7.3%, to $9.63 per ton
- Gross profit increased $5.7 million with margin improvement of 79 basis points