Workflow
Douglas Dynamics Reports Second Quarter 2024 Results
PLOWDouglas Dynamics(PLOW) GlobeNewswire News Room·2024-07-29 22:10

Positive Performance Driven by Work Truck Solutions Growth and Success of 2024 Cost Savings Program Second Quarter 2024 Highlights*: Work Truck Solutions produced record second quarter top- and bottom-line results. Net Sales increased 23.8% to 81.8millioncomparedtothesameperiodlastyear,basedonhighervolumesonimprovedthroughputandpriceincreaserealization.AdjustedEBITDAincreaseddramaticallyto81.8 million compared to the same period last year, based on higher volumes on improved throughput and price increase realization. Adjusted EBITDA increased dramatically to 7.9 million, driving margins to 9.7%, its highest second quarter margin, based on improved vo ...