L.B. Foster Company

L.B. Foster Company reported FY 2025 total net sales of $540.0 million, a 1.7% increase from $530.8 million in FY 2024. Gross profit declined 3.7% to $113.8 million, with gross margin decreasing 110 basis points to 21.1%. Operating income improved to $21.9 million, up from $20.5 million, while net income attributable to the Company was $7.5 million, a significant decrease from $42.9 million in the prior year, primarily due to a higher effective tax rate of 57.4% driven by pre-tax losses in the United Kingdom for which no tax benefit was recognized. The Infrastructure segment drove revenue growth with a 14.9% increase, while the Rail segment declined 6.5%. The Company generated $35.6 million in operating cash flow and ended the year with $111.3 million in total available funding capacity.

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