Organic Sales Growth
Consolidated Q3 sales increased by 5.8% year-over-year, driven entirely by organic growth. Metal Coatings grew by 3.3% and Precoat Metals by 7.6%.
Strong EBITDA Margins
Metal Coatings EBITDA margin was 31.5%, exceeding the prior year and the target range of 25-30%. Precoat Metals EBITDA margin was 19.1%, also surpassing the previous year.
Debt Reduction
The company made substantial debt repayments totaling $80 million, with expectations to reduce debt by over $100 million for the fiscal year.
Cash Flow and Capital Allocation
Generated cash flows from operations at $185.6 million, with year-to-date free cash flow of $99.7 million. Capital expenditures were focused on growth and debt reduction.
Upcoming Facility Launch
The new aluminum coatings facility in Washington, Missouri, is on track to begin operations in Q1 of fiscal 2026, supporting strategic growth in aluminum conversions.