L.B. Foster Highlights Rail Tech Growth as Cash Flow Hits Best Level Since 2017
L.B. Foster reported a 3.5% Q2 sales decline, but first-half sales rose 7.6% YoY. Adjusted EBITDA increased 19.6% in the first half, and operating cash flow hit $17.9M, the best since 2017. The company has divested lower-margin operations and repurchased 9.3% of its shares since February 2023. Full-year guidance is $540M-$580M in sales and $41M-$46M in adjusted EBITDA.





