Titan America FY26 Q2 net income drops 15.4% to US$43.3 million; revenue rises 9.6% to US$470.6 million

Reuters2026/07/28 20:12

By:Reuters

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Titan America Q2 2026 revenue rose 9.6% to US$470.6 million; net income fell 15.4% to US$43.3 million.
Adjusted EBITDA increased 1.3% to US$100.7 million, with adjusted EBITDA margin narrowing 1.8 percentage points to 21.4%.
Mid-Atlantic revenue climbed 27% to US$214 million, including about US$20 million from the acquired Keystone Cement operations.
Florida segment adjusted EBITDA dropped 18.6% to US$50.6 million on extended Pennsuco maintenance and temporary import logistics disruptions.
Management reiterated Keystone integration is on track, targeting at least US$30 million in annual run-rate synergies by 2029, and guided for high single-digit 2026 revenue growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Titan America SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002035304-26-000117), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Titan America FY26 Q2 net income drops 15.4% to US$43.3 million; revenue rises 9.6% to US$470.6 million

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