Core Thesis - Construction Partners, Inc. (ROAD) is positioned for significant growth, targeting to double its revenue to $6 billion by 2030, supported by a strong backlog and favorable market conditions [2][4] Company Overview - Construction Partners, Inc. operates in civil infrastructure, focusing on roadway construction and maintenance across several states including Alabama, Florida, and Texas [2] - As of February 19th, ROAD's share price was $131.21, with trailing and forward P/E ratios of 60.60 and 44.05 respectively [1] Growth Strategy - The company aims for a revenue growth of 54% to $2.8 billion in FY2025, leveraging its $3.03 billion backlog and the Infrastructure Investment and Jobs Act (IIJA) [2] - ROAD's growth strategy heavily relies on acquisitions, which poses a risk if M&A activity slows down [2] Market Positioning - ROAD benefits from its strategic positioning in the Sunbelt region, where population growth is above the national average, ensuring a stable demand for road maintenance [3] - The company operates a vertically integrated model, owning over 90 asphalt plants and aggregate facilities, which enhances its competitive edge and mitigates supply chain risks [3] Financial Performance - Adjusted EBITDA for FY2025 grew by 92%, with management targeting an increase in margins from 15.1% to 17% by 2030 through acquisitions and optimizing existing plant capacity [4] Capital Deployment - The company focuses on accretive acquisitions at low multiples, although it currently has debt levels at approximately 185% of equity [5] - In a favorable scenario, consolidating the Sunbelt could lead to revenues exceeding $10 billion with margins of 18% [5] Market Perception - The current market perception undervalues ROAD's logistics and manufacturing capabilities, presenting a compelling risk/reward opportunity for investors [6]

Group 1 - Fluor has made significant improvements to its business processes and is now focused on reimbursable contracts, which constitute 81% of its $25.5 billion backlog, providing a stable revenue base [2][4] - The construction industry remains cyclical, with capital spending projects often delayed or canceled during economic downturns, which continues to affect Fluor's business despite its improvements [5] - Fluor's investment in NuScale Power has been lucrative, generating $1.35 billion in 2026 from stock sales, with an expected total of over $2 billion in proceeds, although this is a one-time event and does not fundamentally change the company's core business [6][8] Group 2 - Fluor's market capitalization is $7.7 billion, with a current stock price of $52.28, and it has a gross margin of -77.40% [8] - The company's stock is considered unlikely to be a good fit for most investors due to the inherent cyclical nature of the construction industry [9]

Nanterre, 27 February 2026 Publication of the 2025 Universal Registration Document VINCI filed today its 2025 Universal Registration Document with the French financial markets regulator, the Autorité des marchés financiers (AMF). This document is available in French* on the Group’s website at www.vinci.com under Finance/Investors/Financial information/ Annual reports and on the AMF’s website (www.amf-france.org). The English version of the Universal Registration Document is currently under way and will be ...

here. Let's get to Kevin Green who joins me now for a bit of a data download. Let's just get this construction spending data out of the way first.KG, what are you seeing there. >> Yeah, for construction spending, this is actually still a healthy number just kind of like what we saw last month. It actually increased by 0.3% for the month of December. She was looking for 0.2% in the previous month uh that was actually reported because we did have some uh delay because of government shutdowns.It was actually 0 ...

MasTec (NYSE:MTZ) Q4 2025 Earnings call February 27, 2026 09:00 AM ET Speaker13Good day. Thank you for standing by. Welcome to the Q4 2025 MasTec Inc Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will hear an automated message advising that your hand is raised. To withdraw your question, please pr ...

MasTec Fourth Quarter 2025 Earnings Call Presentation February 27, 2026 NYSE: MTZ Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the future financial and operational performance of MasTec; expectations regarding MasTec's business or financial outlook; expectations regarding MasTec's plans, strategies and opp ...

长沙晚报掌上长沙2月27日讯（全媒体记者 陈焕明 通讯员 李天元 胡思萌）2月26日，中南大学新校区智能科学与 信息技术大楼项目正式开工，项目建成后，将从根本上改善中南大学信息学科办学条件，促进教研深度协同融 合，为学校培养高端智能信息技术人才、提升核心竞争力提供坚实支撑。 长沙晚报掌上长沙2月27日讯（全媒体记者 陈焕明 通讯员 李天元 胡思萌）2月26日，中南大学新校区智能科学与 信息技术大楼项目正式开工，项目建成后，将从根本上改善中南大学信息学科办学条件，促进教研深度协同融 合，为学校培养高端智能信息技术人才、提升核心竞争力提供坚实支撑。 中南大学新校区智能科学与信息技术大楼项目位于中南大学潇湘校区、丰顺路北侧，总建筑面积54945平方米，其 中地上7层、地下1层，主要建设科研用房、实验实习用房及配套设施。项目于2024年12月获得教育部立项批复， 计划于2027年6月竣工。 中南大学党委常委、副校长何旭辉介绍，智能科学与信息技术大楼是学校信息学科资源聚合的"新阵地"，"人工智 能+"赋能创新的"前哨站"，更是着力实现"双碳"目标、对标绿建三星标准的绿色发展"新典范"。他表示，学校将 充分发挥学科优势， ...

Sophie Deis-Beauquesne picture Celine Acharian picture Patrick Richard Picture Nanterre, 26 February 2026 Governance changes at VINCI Patrick Richard appointed as Secretary GeneralSophie Deis-Beauquesne appointed as General CounselCéline Acharian appointed as Director of Ethics and Conduct Patrick Richard has been appointed as Secretary General of VINCI with effect from 1 March 2026. He remains a member of the Executive Committee and continues to serve as Secretary to the Board of Directo ...

Sterling Infrastructure (NasdaqGS:STRL) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsAdam Thalhimer - Director of Research and a PartnerAlex Rygiel - Managing Director and the Head of Equity ResearchJoseph Cutillo - CEONicholas Grindstaff - CFONoelle Dilts - VP of Investor Relations and Corporate StrategyConference Call ParticipantsBrent Thielman - Managing Director and Senior Research AnalystBrian Brophy - Managing Director and Senior Equity AnalystJulio Romero - Senior Equity Re ...

Ferrovial (NasdaqGS:FER) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Speaker11Good afternoon, everybody. This is Silvia Ruiz speaking, I would like to welcome you to Ferrovial's conference call to discuss the financial results for the full year of 2025. I'm joined here today by our Chairman, Rafael del Pino, our CEO, Ignacio Madridejos, and our CFO, Ernesto López Mozo. Just as a reminder, both the results report and the presentation are available on our website since yesterday evening after the U.S. ...