ASTE News & Events

Reports Q1 revenue $396.3M, consensus $393.24M. "A 70.6% increase in Materials Solutions net sales was primarily driven by organic and inorganic contributions. Infrastructure Solutions net sales were relatively flat after the inclusion of inorganic sales which offset timing and mix-related shortfalls in our legacy business." said Jaco van der Merwe, Chief Executive Officer. "We are optimistic about the remainder of 2026 due to favorable order activity and strong end markets. As such, we are maintaining our full year 2026 adjusted EBITDA guidance in the $170 million to $190 million range."

Astec Industries (ASTE) announced that Chad Hartley will join Astec as Group President - Infrastructure Solutions and member of the Executive Leadership Team on May 11, 2026. Hartley most recently served as President, Conveyance Solutions at Regal Rexnord (RRX), a NYSE listed global manufacturing company.

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