Revenues in the Construction Products Group were $154.5 million in the second quarter of 2013 compared to revenues of $123.9 million in the second quarter of 2012. The Group recorded an operating profit of $19.0 million in the second quarter of 2013 compared to an operating profit of $12.8 million in the second quarter of 2012. The increase in revenues and operating profit for the second quarter of 2013 compared to the same period in 2012 was primarily due to higher acquisition-related volumes and production efficiencies in our Aggregates product line. In March 2013, the Company completed the sale of its remaining ready-mix concrete operations which have been historically reported as a component of the Construction Products Group. This divestiture is considered a discontinued operation and, accordingly, the effects of its operations have been excluded from the Construction Products Group for financial reporting purposes.At June 30, 2013, the Company had cash and marketable securities of $447.9 million. When combined with capacity under committed credit facilities, the Company had more than $1.1 billion of available liquidity at the end of the second quarter.
Trinity Industries, Inc. Reports Strong Second Quarter 2013 Results And Increases Full Year 2013 Earnings Guidance
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