In a third-quarter earnings report noting 8 percent revenue and 11 percent EBIDTA gains against the same period in 2015, Utah-based Headwaters Inc. offers guidance on a rebound in the slightly lagging core area of its Construction Materials business: Fly ash and other coal combustion products (CCP) shipments.
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Headwaters projects double-digit increases in fly ash volumes toward 2017
Sources: Headwaters Inc., South Jordan, Utah; CP staff
In a third-quarter earnings report, Headwaters notes 8 percent revenue and 11 percent EBIDTA gains against the same period in 2015, while projecting near-term strengthening of fly ash and other coal combustion products (CCP) shipments, the core of its Construction Materials business. “As we develop additional sources of [fly ash] supply, we forecast 2017 volumes in the range of 6.1 to 6.5 million tons, a 9 percent to 20 percent increase over 2016 projected volumes,” the company tells investors.
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