Continental Building Products, Inc. announced unaudited consolidated financial results for the quarter and six months ended June 30, 2018. For the quarter, the company reported net sales of $139,268,000 against $120,630,000 for the same period a year ago. Operating income was $30,560,000 against $21,620,000 for the same period a year ago. Income before provision for income taxes was $27,388,000 against $18,768,000 for the same period a year ago. Net income was $21,895,000 against $12,398,000 for the same period a year ago. Basic and diluted net income per share was $0.59 per share against $0.32 per share for the same period a year ago. EBITDA- non-GAAP measure was $41,365,000 against $34,094,000 for the same period a year ago. Adjusted net income - non-GAAP measure was $21,895,000 against $12,398,000 for the same period a year ago.

For the six months, the company reported net sales of $256,070,000 against $241,245,000 for the same period a year ago. Operating income was $51,322,000 against $43,307,000 for the same period a year ago. Income before provision for income taxes was $44,926,000 against $36,725,000 for the same period a year ago. Net income was $35,541,000 against $24,625,000 for the same period a year ago. Basic and diluted net income per share was $0.96 per share against $0.62 per diluted share for the same period a year ago. Net cash provided by operating activities was $52,776,000 against $42,494,000 for the same period a year ago. Capital expenditures were $13,006,000 against $8,070,000 for the same period a year ago. EBITDA- non-GAAP measure was $72,708,000 against $67,067,000 for the same period a year ago. Adjusted net income - non-GAAP measure was $35,541,000 against $25,079,000 for the same period a year ago. Adjusted earnings per share - non-GAAP measure was $0.96 per share against $0.64 per share for the same period a year ago.

For the full year of 2018, the company expects capital expenditures to be in the range of $29 - $33 million as compared to the prior guidance of $30 - $35 million. Effective tax rate is expected to be in the range of 21% - 22% as compared to the prior guidance of 22% - 24%.