Company Overview - L.B. Foster's 2020 net sales were $497 million, with $398.3 million from the United States, $44.6 million from the United Kingdom, $34.5 million from Canada, and $20.0 million from other regions[6,8] - The company's Q1 2021 revenue was $116.1 million, with an adjusted EBITDA of $2.7 million and a backlog of $271.9 million[8] - New orders in Q1 2021 reached $135.6 million[8] - Adjusted earnings per diluted share for 2020 were $0.981[7] Segment Performance - Rail Technologies and Services accounted for 56% ($276 million) of the company's revenue as of December 31, 2020, while Infrastructure Solutions contributed 44% ($221 million)[14] - Rail Technologies and Services Q1 2021 revenue was $66 million, and Infrastructure Solutions revenue was $50 million[20] - Rail Technologies and Services new orders for Q1 2021 were $62.9 million, a 16.5% decrease year-over-year, while Infrastructure Solutions new orders were $66.9 million, a 20.7% increase[73] Financial Highlights - The company's adjusted net leverage ratio as of Q1 2021 was 1.1x[12] - Free cash flow for the trailing twelve months (TTM) ending March 31, 2021, was $25.4 million, resulting in a 13.4% free cash flow yield[42] - Net debt decreased by $5.6 million in Q1 2021 to $31.8 million[47] - Sales decreased by 4.8% from $121.9 million to $116.1 million in Q1 2021 compared to Q1 2020[36]
L.B. Foster (FSTR) Presents At UBS Global Industrials and Transportation Virtual Conference - Slideshow