Construction Partners, Inc. (ROAD) said its revenue in fiscal 2024 is expected to be in the range of $1.821 billion to $1.825 billion, compared to $1.563 billion in fiscal 2023. Net income is expected to be in the range of $68 million to $70 million, compared to $49 million in fiscal 2023. Adjusted EBITDA is expected to be in the range of $219 million to $222 million, compared to $172.6 million in fiscal 2023.
Fred Smith, III, CEO, said, "We are pleased with our family of companies' strong operational performance across our 75 Sunbelt markets, as our more than 5,000 employees overcame these numerous weather challenges to complete a record fiscal year that generated revenue growth of nearly 17 percent, net income growth of more than 40 percent, and increased adjusted EBITDA of approximately 27 percent compared to fiscal 2023, including a return to expected adjusted EBITDA margin of approximately 12 percent."
For fiscal 2025, the company expects: revenue in the range of $2.420 billion to $2.520 billion; and net income in the range of $90 million to $106 million.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.