L.B. Foster Company Investor Presentation Nasdaq - FSTR March 2025 Safe Harbor Disclaimer Safe Harbor Statement This presentation may contain "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements provide management's current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or curr ...

L.B. Foster Company Three Part Advisors East Coast IDEAS Presentation June 2025 Nasdaq - FSTR Safe Harbor Disclaimer Safe Harbor Statement This presentation may contain "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements provide management's current expectations of future events based on certain assumptions and include any statement that does not directly relat ...

Summary of L.B. Foster Company (FSTR) FY Conference Call Company Overview - L.B. Foster Company is a technology-based solutions provider for the rail and infrastructure markets, primarily focused on North America with some presence in the UK [2][4] - The company has been in operation for over 120 years, starting as a recycled rail business [4] Business Segments - The company operates in two main segments: Rail Technologies and Services, and Infrastructure Solutions [8] - Rail Technologies revenue is approximately $300 million, while Infrastructure Solutions revenue is about $206 million, totaling over $500 million in revenue [8] Strategic Goals and Performance - Since 2021, the company has undergone a strategic reassessment to improve sales growth, margin expansion, and cash generation [6][7] - Goals set in 2021 aimed for a gross margin of 22% to 23% by 2025, which is currently being achieved [9] - The company has seen a 79% growth in its growth platform businesses over the last three years [17] Financial Performance - Sales increased from $514 million in 2021 to $531 million in 2024, with gross margins improving from 16.8% to 22% [18] - EBITDA has grown to 6.3% of sales, indicating a capital-light business model [20] - Free cash flow generated was $31 million in 2023 and 2024, with expectations for improvement [24] Market Opportunities - The friction management business has significant growth potential, currently only treating 5% of the North American rail network [12] - The precast concrete products segment is identified as a key growth area, with a market that is somewhat fragmented [13][14] - Government funding programs, such as the CRISI grant, are expected to support infrastructure investment, providing a long-term tailwind for the business [31][33] Challenges and Risks - The pipeline coating business has been softer due to a lack of investment in pipelines, but improvements are anticipated with current macro trends [15] - The company faces seasonality in its business, with revenues typically stronger in the second and third quarters [22] Capital Allocation and Shareholder Value - The company has a disciplined approach to capital allocation, focusing on managing debt leverage and investing in growth platforms [28][30] - A stock buyback program has repurchased 5.5% of outstanding shares since its initiation in 2023 [25] Conclusion - L.B. Foster has made significant strides in improving its profitability and positioning itself for future growth, particularly in infrastructure and technology-oriented offerings [36] - The company is viewed as an attractive investment opportunity for those interested in infrastructure spending in the U.S. [40]

PITTSBURGH, June 05, 2025 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at the Three-Part Advisors’ East Coast IDEAS Investor Conference on June 12, 2025, beginning at 2:45 PM ET at The Westin Times Square in New York, NY. Presentation materials for the conference will be posted on the Company’s Investor Relations website under ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 2025 Commission File Number: 000-10436 L.B. Foster Company | Securities registered pursuant to Section 12(b) of the Act: | | | | --- | --- | --- | | Title of each ...

Financial Data and Key Metrics Changes - First quarter sales decreased by 21.3% compared to the previous year, primarily due to a decline in the rail segment, which saw a 34.6% drop in sales [7][11] - Adjusted EBITDA for the first quarter was $1.8 million, down $4.1 million from the previous year, reflecting lower margins from the rail sales decline [12] - Net debt increased to $79.9 million during the quarter, up $4.9 million from last year, with a gross leverage ratio of 2.5 times compared to 2.2 times last year [9][18] Business Line Data and Key Metrics Changes - Rail segment sales totaled $54 million, down 34.6%, with the rail products business unit declining by 44.7% due to lower rail distribution volume [15] - Infrastructure solutions saw a 5% increase in net sales, driven by a 33.7% increase in precast concrete sales, while steel product sales decreased by 24.4% [17] - Rail margins were down approximately 20 basis points to 22.3%, influenced by the sales volume decline and unfavorable business mix [16] Market Data and Key Metrics Changes - Order rates improved by 12.6% year-over-year, with infrastructure orders increasing by 35.3% [21] - The consolidated backlog grew by 6.7% year-over-year, with significant increases in rail products and friction management backlog [22] - The backlog for infrastructure solutions increased by $9.3 million year-over-year, including a 51.6% increase in protective coating demand [17][22] Company Strategy and Development Direction - The company is focusing on capital allocation priorities, including a $40 million stock buyback program authorized for three years [19] - There is an emphasis on organic growth initiatives and evaluating tuck-in acquisitions to enhance product line breadth and geographic coverage [20] - The company aims to maintain leverage between one and two times over the long term while managing working capital needs [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving demand levels for rail products and infrastructure solutions, anticipating a strong second quarter [24][27] - The company is closely monitoring government funding programs, expecting them to move forward due to increased infrastructure needs [27][30] - Management remains confident in achieving 2025 financial guidance despite a volatile macro environment, citing strong backlog and favorable demand drivers [29][30] Other Important Information - The company reported a typical seasonal pattern in cash flow, with expected improvements in sales volumes and profitability in the second quarter [14] - The first quarter results were characterized as softer than last year, but management expects a rebound in the following quarters [29] Q&A Session Summary Question: Impact of lower year-over-year volume on Rail Technology and Services segment - Management acknowledged the challenges but expressed confidence in a strong Q2 and Q3, with expectations for improved rail products volumes [34][35] Question: Backlog growth mix - Management highlighted a 22% growth in rail products backlog and a 71% increase in friction management backlog, indicating an improving mix [37][38] Question: Capital expenditures on rail projects - Management noted that increased capital expenditures are being observed, particularly for maintenance and additional capital work [48][49] Question: Orders and sales in pipe coating - Management indicated strong order intake and hiring efforts, expecting to reach full capacity in the second quarter [51][52] Question: New orders in infrastructure - Management reported a 35% increase in infrastructure orders, particularly in precast concrete, and expressed optimism for continued growth [56][57] Question: Potential acquisitions - Management stated that while they are not actively seeking acquisitions, they remain open to smaller tuck-in opportunities if they align with strategic goals [60][61] Question: Impact of higher steel prices - Management indicated that they are well-positioned to pass on higher steel prices to customers, similar to past experiences [70][71] Question: Sales and orders in April - Management expressed optimism about April's performance, indicating readiness to meet year-end guidance [74][75]

For the quarter ended March 2025, L.B. Foster (FSTR) reported revenue of $97.79 million, down 21.3% over the same period last year. EPS came in at -$0.20, compared to $0.08 in the year-ago quarter.The reported revenue represents a surprise of -14.53% over the Zacks Consensus Estimate of $114.41 million. With the consensus EPS estimate being $0.01, the EPS surprise was -2100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Financial Data and Key Metrics Changes - First quarter sales decreased by 21.3% compared to the previous year, primarily due to a decline in the rail segment, which saw a 34.6% drop in sales [7][11] - Adjusted EBITDA for the first quarter was $1.8 million, down $4.1 million from the previous year, reflecting lower margins from the rail sales decline [12] - Net debt increased to $79.9 million, up $4.9 million from last year, with a gross leverage ratio of 2.5 times compared to 2.2 times last year [9][18] Business Line Data and Key Metrics Changes - Rail segment sales totaled $54 million, down 34.6%, with the rail products business unit declining by 44.7% due to weak rail distribution demand [15] - Infrastructure Solutions saw a 5% increase in net sales, driven by a 33.7% increase in precast concrete sales, while steel product sales decreased by 24.4% [17] - Rail backlog increased by 46.9% during the quarter, with a significant increase in rail products backlog by 63.4% [21][22] Market Data and Key Metrics Changes - Order rates improved by 12.6% year-over-year, with infrastructure orders increasing by 35.3% [21] - The consolidated backlog grew by 6.7% compared to last year, with gains in more profitable product lines [22] - The UK backlog within technology services and solutions declined by 52.7%, indicating challenges in that market [22] Company Strategy and Development Direction - The company is focusing on capital allocation priorities, including a $40 million stock buyback program authorized for three years [19] - There is an emphasis on organic growth initiatives and evaluating tuck-in acquisitions to enhance product line breadth and geographic coverage [20] - The company aims to maintain leverage between 1 times and 2 times over the long term while managing working capital needs [18][20] Management's Comments on Operating Environment and Future Outlook - Management noted that the first quarter's results were impacted by a slowdown in government funding, but there are signs of improvement in project funding and bidding levels [8][24] - The company expects a substantial improvement in second quarter results, driven by a strong backlog and favorable demand drivers in key end markets [28] - There is optimism regarding government funding programs for infrastructure investment, which are expected to remain intact [29] Other Important Information - The company reported a typical seasonal pattern in cash flow, with expected consumption in the first half of the year and a reversal in the second half [14] - The company is closely monitoring the status of government funding programs and the impact of tariffs on supply chains [26] Q&A Session Summary Question: Insights on Rail Technology and Services segment performance - Management indicated that they expect a strong second quarter despite tough year-over-year comparisons, with a focus on maintaining guidance for the year [34] Question: Backlog growth mix - The backlog growth was primarily in rail products and friction management, with a noted decline in the UK backlog [36][37] Question: Friction management growth and market share - Management reported strong performance in friction management, with new customer acquisitions and increased demand for lubricators [40] Question: Capital expenditures on rail projects - Management observed increased capital expenditures on maintenance and additional capital work, contributing to backlog and new orders [47] Question: Infrastructure orders improvement - The company noted a 35% increase in infrastructure orders, particularly in precast concrete, driven by strong demand and government funding [55] Question: Potential acquisitions - Management is currently focused on organic growth opportunities and is not actively seeking acquisitions, although smaller tuck-in opportunities may be considered [57]

L.B. Foster (FSTR) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2,100%. A quarter ago, it was expected that this railroad track manufacturer would post earnings of $0.29 per share when it actually produced a loss of $0.02, delivering a surprise of -106.90%.Over the last four quarters, the compa ...

L.B. Foster Company Earnings Presentation Nasdaq - FSTR May 6, 2025 Safe Harbor Disclaimer Safe Harbor Statement This presentation may contain "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements provide management's current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or cur ...