Arcosa acquisition target Stavola reports FY2023 revenue $255M, net income $59M

Arcosa, Inc.

Stavola FY2023 total revenue $255.4M, net income $58.8M; $59.97M attributable to Stavola.
Gross profit $76.0M, operating income $58.3M; operating cash flow $77.4M.
Acquisition closed Oct 1, 2024 under Aug 1, 2024 agreement for all membership interests and assets.
Filed audited FY2023, unaudited 9-mo June 30, 2024 financials, and pro forma combined data.
Operations: asphalt (65% of revenue), crushed stone/sand (20%), road construction (15%) in New Jersey.

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