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L.B. Foster Announces Strong Second Quarter Results with Organic Growth and Profitability Expansion Expected to Continue Through Balance of 2025

Second quarter net income of 2.8millionup1.32.8 million up 1.3% over last year; Adjusted EBITDA1 of 12.2 million up 51.4% on 2.0% organic sales growth led by Precast Concrete business unit up 36.0%Robust order rates increased backlog1 to $269.9 million, up 8.1% over prior year; Rail backlog up 13.9% with recovery of Rail Products, up 28.4%, and growing demand for Global Friction Management, up 22.1%Revised 2025 guidance mid-points assume a 25.1% increase in Adjusted EBITDA versus last year on 2.7% organic sales growth ...