Strong Revenue and EBITDA Growth
The company delivered 9% revenue growth and 17% growth in adjusted EBITDA for the second quarter of fiscal 2026, reflecting a strong performance in a challenging market environment.
Allied and Infiltrator Product Performance
Allied Product sales increased by 13%, with double-digit growth in key products. Infiltrator revenue increased by 25%, driven by strong organic growth and new product launches.
Nonresidential Sales Growth
Nonresidential sales grew by 15%, with organic growth of 12%, driven by strong performance in Allied Products and HP pipe products.
Acquisition of NDS
Announced an agreement to acquire NDS, a U.S. supplier of residential storm water and irrigation products, which is expected to be accretive to adjusted earnings per share in the first year.
Improved Safety Performance
Achieved the safest first half of the year on record, with a total recordable incident rate half the industry average.