Forterra Announces Second Quarter 2021 Results
IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. ("Forterra" or "the Company") (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended June 30, 2021. Second Quarter 2021 Highlights Increased net sales by 15.6% to $492.8 million as compared to $426.2 million in the prior year quarterIncreased gross profit by 13.3% to $119.6 million as compared to $105.6 million in the prior year quarterNet income for the quarter increased by 33.2% to $36.1 million from $27.1 million in the prior year quarterAdjusted EBITDA1 increased by 8.7% to $93.4 million as compare
