Advanced Drainage Systems 2019 Annual Report

Advanced Drainage Systems reported record fiscal 2019 results with revenue of $1.4 billion (+4%) and Adjusted EBITDA of $232 million (+10%). The company is executing growth strategies focused on market share expansion, key geographic penetration, and operational efficiency initiatives, with three-year targets including 4-6% sales CAGR and 18-19% EBITDA margin by fiscal 2021.