Consensus is for FY25 revenue $2.4B. Sees FY25 net income $97M-$113M; Adjusted EBITDA $347M-$377M; Adjusted EBITDA Margin 14.0%-14.6%. Construction Partners (ROAD) announced that it has completed its previously announced acquisition of Asphalt, d/b/a Lone Star Paving, a vertically integrated asphalt manufacturing and paving company operating in attractive high-growth markets in central Texas. In connection with the closing of the Lone Star acquisition, CPI increased its guidance for FY25 with regard to revenue, net income, Adjusted EBITDA and Adjusted EBITDA Margin.
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