Forterra (FRTA) Misses Q4 EPS by 4c
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Forterra Announces Fourth Quarter and Full Year 2018 Results
March 11, 2019 5:05 PM EDTFourth Quarter and Full Year 2018 Highlights
Gross profit margin improved to 17.3% for the quarter and 16.6% for the year, compared to 15.6% and 16.0%, respectively, in the prior year periodsIncome from operations increased by $9 million for the quarter and $49 million for the full year, compared to 2017 Adjusted EBITDA margins1 of 9.7% for the quarter and 11.4% for the year were both above the prior year periods of 8.1% and 9.6%, respectivelyFull Year 2019 Outlook
Full-year 2019 guidance targeting income from... More