Forterra (FRTA) Reports Q2 EPS of $0.40

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Forterra Announces Second Quarter 2020 Results

July 27, 2020 5:31 PM EDT

IRVING, Texas, July 27, 2020 (GLOBE NEWSWIRE) -- Forterra, Inc. (Forterra or the Company) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Increased net sales by 3.9% to $426.2 million as compared to $410.2 million in the prior year quarterIncreased gross profit by 23.0% to $105.6 million as compared to $85.8 million in the prior year quarter and improved gross profit margin by 390 basis points... More