U.S. Concrete shares already price in double-digit average annual revenue and EBITDA growth.
U.S. Concrete reported impressive fourth-quarter results, as cost containment efforts helped the company capture robust price increases in the form of healthy margin expansion. During the quarter, adjusted EBITDA margin expanded over 200 basis points to 14.5%, exceeding our expectations. With the construction backlog still strong, we expect the company to continue to push mid-single-digit price increases for ready-mixed concrete and high-single-digit price increases for aggregates in the coming ...U.S. Concrete is a holding company. Through its subsidiaries, the company is engaged as a producer of ready-mixed and as a supplier of aggregates. The company's products comprised of: ready-mixed concrete, which products consist of proportioned mixes it produces and delivers in an unhardened plastic state for placement and shaping into designed forms at the job site; aggregates products, which sells these aggregates for use in commercial, industrial and public works projects in the markets they serve; and other, which includes the company's building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks.
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