U.S. Concrete, Inc. (NASDAQ:USCR) Q2 2017 Earnings Conference Call - Final Transcript

Aug 08, 2017 • 10:00 am ET


U.S. Concrete, Inc. (NASDAQ:USCR) Q2 2017 Earnings Conference Call - Final Transcript


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Kevin Kohutek

opportunistically, on select, accretive growth opportunities. I'll now turn the call back over to Bill.

Bill Sandbrook

Thank you, Kevin. We are pleased to continue to deliver on our growth objectives and create a sustainable platform for continued success. We continue to believe that the construction cycle has a healthy runway for continued expansion. We've established our company in attractive geographic markets, with leading share positions to deliver consistent profit improvement and generate attractive returns for many years to come.

As we look to the balance of 2017, we are optimistic on the prospects for growth in our existing markets and our acquisition pipeline remains a viable avenue for additional growth, including a potential new region and increased vertical integration with additional aggregates. We expect our markets to continue to outpace the national average for construction spending, allowing us to maintain our relentless focus on our two-pronged strategy. The first, grow organically through operating excellence, superior product delivery and service.

And second, expand through acquisitions that bolster our existing market positions and capitalize on potential opportunities in new high-growth markets. We expect that the disciplined execution of our strategic growth plan should lead to increased value for our shareholders.

Thank you for your interest in US Concrete. We look forward to updating you on our future successes.

We'd now like to turn the call back over to the operator for the question-and-answer session.