Select Interior Concepts Announces 2019 Second Quarter Financial Results
Atlanta -- Select Interior Concepts announced its financial results for the second quarter ended June 30.
“We were pleased with our overall performance driven by market share gains and solid execution," said Tyrone Johnson, CEO. "Our team remains committed to generating improvements across all areas of our rapidly growing business. In our Architectural Services Group segment, we realized strong growth from price/mix and volume gains. In our Residential Design Services segment, our backlog has strengthened each month through June 2019 and we continue to benefit from our diversification strategy. Excluding $1.3 million of incremental corporate and public company infrastructure costs, Adjusted EBITDA margin increased by approximately 20 basis points year over year in the second quarter. We are excited about our progress to-date and our plan to continue scaling and capturing share in attractive markets.”