Thursday, August 15, 2013

Trinity Industries Reports Q2 2013 Earnings

Trinity Industries (a Conrad Industries competitor; previously mentioned) reported its Q2 2013 earnings:

"The Inland Barge Group received orders of $230.6 million during the second quarter of 2013, and as of June 30, 2013 had a backlog of $563.6 million compared to a backlog of $483.0 million as of March 31, 2013. [...]

We continue to see strong fundamentals in the tank barge market and maintain our operating margin guidance of between 14% and 16% for the year."
Barge backlog up 16% year over year. Things are still looking good for Conrad.

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