Marine Products(MPX) - 2024 Q2 - Earnings Call Transcript

EBITDA was $6.5 million, down from $17.1 million, with EBITDA margin decreasing 540 basis points to 9.3%. While this margin was down versus prior year, it did increase sequentially from 8.5% in the first quarter of 2024. Year-to-date, we have generated operating cash flow of $20 million and free cash flow of $18 million. CapEx was $1.7 million and is expected to pick up in the second half of the year with our planned solar panel installation at our manufacturing facility in South Georgia. We expect CapEx to ...