Third Quarter Highlights
Adjusted EBITDA increased 40.3% year-over-year, to $26.2 million
Consolidated revenue increased 18.2%, to $197.6 million
Ready-mixed concrete sales volume rose 9.1%, to approximately 1.6 million cubic yards
Ready-mixed concrete average sales price improved 6.4%, to $111.15 per cubic yard
Aggregate products sales volume rose 38.9%, to approximately 1.5 million tons
Aggregate products average sales price improved 5.7%, to $9.39 per ton
Gross profit increased $8.7 million with margin improvement of 150 basis points
EULESS, Texas, Nov.
Telit Wireless Solutions, a global provider of high-quality
machine-to-machine (M2M) solutions, products and services, today
announced that Road King Technologies, a fleet management & automation
company focused on the Ready Mix concrete industry, has integrated Telit
HE910 and JF2 modules in its RK3000 tracking units to enable its unique
Trac18 GPS service.
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