News & Videos - CONSTRUCTION PARTNERS INC.

Q2 Year-over-Year Revenue Up 2.7% and Gross Profit Up 5.9% Company Revises and Narrows FY 2020 Outlook DOTHAN, Ala., May 08, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its second fiscal quarter ended March 31, 2020. Results for the quarter included...

DOTHAN, Ala., April 17, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2020 second quarter results on May 8, 2020, before the market opens. In conjunction with the earnings release, the Company has scheduled a conference call to discuss its second quarter results...

DOTHAN, Ala., March 23, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired two hot-mix asphalt plants, located in Pensacola and Defuniak Springs, Florida. Among other things, the acquisition is expected to offer the following strategic benefits to the Company: The Pensacola...

DOTHAN, Ala., March 11, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that its wholly owned subsidiary, The Scruggs Company, will invest approximately $4.2 million to construct a new sand processing facility adjacent to its existing sand mine in Adel, Georgia. The new facility will process...

DOTHAN, Ala., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will participate in the Raymond James 41 st Annual Institutional Investors Conference in Orlando, Florida. Charles E. Owens, the Company’s President and Chief Executive Officer, and R. Alan Palmer, the Company’s...

DOTHAN, Ala., Feb. 07, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its first fiscal quarter ended December 31, 2019. Key Metrics: First Quarter of Fiscal 2020 Compared to the First Quarter of Fiscal 2019 Revenue was $175.3 million, up 13.6% Gross profit was...

DOTHAN, Ala., Jan. 23, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2020 first quarter results on February 7, 2020, before the market opens. In conjunction with the earnings release, the Company has scheduled a conference call to discuss its first quarter...

Reports Record Revenue, Gross Profit and Adjusted EBITDA Provides FY 2020 Outlook DOTHAN, Ala., Dec. 09, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its fourth quarter and fiscal year ended September 30, 2019. Key Metrics: Fiscal Year 2019 Compared to...

DOTHAN, Ala., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2019 fourth quarter and full year financial results on December 9, 2019, after the market closes. In conjunction with the earnings release, the Company has scheduled a conference call to...

DOTHAN, Ala., Oct. 30, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will participate in the Baird 2019 Global Industrial Conference in Chicago on November 5 and 6, 2019 and the Stephens Inc. 2019 Nashville Investment Conference on November 13 and 14, 2019. The Company will webcast its...

DOTHAN, Ala., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired Mancil’s Tractor Service, Inc., headquartered in Palm City, Florida. Among other things, the acquired business: Expands the Company’s geographic footprint into a high-growth area of the Florida east...

DOTHAN, Ala., Sept. 17, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ:ROAD) (“CPI” or the “Company”) today announced the pricing of an underwritten secondary offering of 5,000,000 shares of its Class A common stock by certain affiliates of SunTx Capital Management Corp. (the “selling stockholders”) at a public offering price of $14.25 per share. The underwriters will have a 30-day option to purchase up to an additional 750,000 shares of Class A common stock from the...

DOTHAN, Ala., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ:ROAD) (“CPI” or the “Company”) today announced that certain affiliates of SunTx Capital Management Corp. (the “selling stockholders”) intend to offer 5,000,000 shares of the Company’s Class A common stock in an underwritten secondary offering. The selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock. The selling...

DOTHAN, Ala., Sept. 12, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will participate in the D.A. Davidson & Co. 18 th Annual Diversified Industrials & Services Conference in Chicago. Alan Palmer, the Company’s Executive Vice President and Chief Financial Officer, is scheduled to...

DOTHAN, Ala., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its third fiscal quarter ended June 30, 2019. Key Metrics: Fiscal 2019 Third Quarter Compared to Fiscal 2018 Third Quarter Revenue was $227.3 million, up 16.5% Gross profit was $38.1...

DOTHAN, Ala., July 18, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2019 third quarter results on August 8, 2019, after the market closes. In conjunction with the earnings release, the Company has scheduled a conference call to discuss its third quarter results...

DOTHAN, Ala., July 15, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired a hot mix asphalt manufacturing plant and paving company located near Gadsden, Alabama. The acquired business is expected to benefit from geographic synergies resulting from its proximity to the...

DOTHAN, Ala., June 17, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that the Company has been selected for inclusion in the Russell 3000 ® index. This addition will be effective after the market closes on June 28, 2019. The Russell 3000 ® index, which includes the large cap Russell 1000 ®...

DOTHAN, Ala., May 29, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will participate in the Baird 2019 Global Consumer, Technology & Services Conference in New York. Charles Owens, the Company’s President and Chief Executive Officer, and Alan Palmer, the Company’s Executive Vice...

DOTHAN, Ala., May 09, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its second fiscal quarter ended March 31, 2019. Key Metrics: Fiscal 2019 Second Quarter Compared to Fiscal 2018 Second Quarter Revenue was $164.3 million, up 38.2% Gross profit was $19.8...