FORTERRA, INC. (NASDAQ:FRTA) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On March7, 2018, Forterra, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter and year ended December 31, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information included or incorporated by reference in this Item 2.02, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission (the “SEC”) and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
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(d) |
Exhibits |
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Exhibit No. |
Description |
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99.1 |
Press Release issued by Forterra, Inc. on March 7, 2018. |
Forterra, Inc. ExhibitEX-99.1 2 frta20171231ex991.htm EXHIBIT 99.1 Exhibit Forterra Announces Fourth Quarter and Full Year 2017 ResultsFourth Quarter Highlights•Organic sales growth of approximately 7% driven primarily by favorable weather •Average sales prices higher for both pipe and precast and ductile iron pipe products •Net income of $43.2 million includes a pre-tax benefit of a $45.4 million reduction in tax receivable agreement (“TRA”) liability and a $15.2 million income tax benefit,…To view the full exhibit click here
About FORTERRA, INC. (NASDAQ:FRTA)
Forterra, Inc. is a manufacturer of pipe and precast products. The Company offers products for a range of water-related infrastructure applications, including water transmission, distribution and drainage. The Company operates approximately 95 facilities. Its products are available in the United States and Eastern Canada. FORTERRA, INC. (NASDAQ:FRTA) Recent Trading Information
FORTERRA, INC. (NASDAQ:FRTA) closed its last trading session up +0.03 at 7.80 with shares trading hands.
