- Published: 29 July 2015 29 July 2015
Trinity Industries has announced earnings results for the second quarter ended June 30, 2015. The company reported consolidated quarterly revenue and net income of US$ 1.68 billion and US$ 212.0 million, respectively, a year-over-year increase of 13% and 29%, respectively.
Structural wind towers business received orders totalling US$ 183.9 million, increasing its backlog to US$ 502.6 million. The Energy Equipment Group reported revenues of US$ 281.9 million in the second quarter of 2015 compared to revenues of US$ 227.6 million in the same quarter of 2014. Operating profit for the second quarter of 2015 increased to US$ 36.3 million compared to US$ 28.3 million in the same quarter last year. The increases in revenues and operating profit compared to the same quarter last year were due primarily to an acquisition completed in 2014. During the quarter, the structural wind towers business received orders totalling US$ 183.9 million. The backlog for structural wind towers as of June 30, 2015 was US$ 502.6 million compared to a backlog of US$ 390.7 million as of March 31, 2015.