L.B. Foster Q4 Earnings Call Highlights

Infrastructure Solutions revenue rose $13.4 million , or 27.3% , with growth in both business units. Steel Products sales increased 58.2% , led by a 206.5% improvement in Protective Coatings. Precast Concrete sales rose 18.7% for the quarter and 19.9% for the year.Rail margins were 17.8% , down 440 basis points . Management cited lower sales volume, higher costs, unfavorable mix, and $1.0 million of restructuring costs related to the U.K. downsizing, as well as the “dilutive impact” of higher Rail product s ...

L.B. Foster Q4 Earnings Call Highlights - Reportify