L.B. Foster pany(US:FSTR)2025-09-18 13:15Financial Performance & Guidance - The company's TTM Q2 2025 sales reached $507 million [14] - The company's 2024 sales by region were: United States $455 million, United Kingdom $44 million, Canada $22 million, and Other $10 million, totaling $531 million [15] - The company projects 2025 revenue between $535 million and $555 million, adjusted EBITDA between $40 million and $44 million, and free cash flow between $15 million and $25 million [16] - The company's Q2 2025 net sales were $143.6 million, a 2% year-over-year increase, with Infrastructure up 22.4% and Rail down 11.2% [73] - The company's Q2 TTM book-to-bill ratio is 1.04:1.00 [74] Business Segment Highlights - Rail Infrastructure segment sales reached $289 million, while Infrastructure Solutions segment sales were $218 million in TTM Q2 2025 [14] - The company's Rail, Technologies, and Services segment accounted for $289 million in TTM Q2 2025 sales, broken down as: Rail Products $175 million, Global FM $71 million, and TS&S $43 million [44] - Infrastructure Solutions sales were $218 million, including $155 million from Precast Concrete and $63 million from Steel Products [54] Strategic Initiatives & Capital Allocation - The company repurchased 108,020 shares of common stock for $2.2 million, representing approximately 1% of outstanding shares [73] - The company has $36.7 million remaining under its share repurchase program through February 2028, with 711,441 shares repurchased since February 2023, representing 6.5% of outstanding shares [96] - The company targets maintaining a Gross Leverage Ratio between ~1.0x and ~1.5x [112]