Financial Data and Key Metrics Changes - In 2025, the company achieved a record Adjusted EBITDA of $497 million, representing a 7% increase year-over-year [4] - The fourth quarter saw a 47% increase in Adjusted EBITDA and a 340 basis point improvement in Adjusted EBITDA margin [18] - Gross profit for the fourth quarter increased by 27%, achieving a record gross margin of nearly 19% [18] Business Line Data and Key Metrics Changes - Aggregates volumes increased by 17% in the fourth quarter, with pricing up by 8% [18] - Ready Mix volumes rose by 20% in the fourth quarter, with gross margin lifting by 230 basis points [20] - Contracting services revenue grew by 15%, with the Mountain region experiencing nearly 20% growth [22] Market Data and Key Metrics Changes - The company entered 2026 with a record backlog of $1 billion, a 38% increase from the previous year [11] - Approximately 46% of IIJA funding remains to be disbursed across the company's 14 states, indicating strong public budgets [11] - The company anticipates continued growth in states with higher infrastructure spending, particularly in California, Alaska, and Hawaii [12] Company Strategy and Development Direction - The company focuses on four growth components: market positioning, vertical integration, self-help initiatives, and a strong corporate culture [6] - The acquisition program ramped up in 2025, with five deals completed and expectations for continued activity in 2026 [4][7] - The company aims to enhance margins through continuous improvement and operational excellence initiatives [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position for growth, citing favorable market conditions and strong infrastructure funding [5][11] - The company expects consolidated revenue for 2026 to be between $3.3 billion and $3.5 billion, with Adjusted EBITDA between $520 million and $560 million [26] - Management highlighted the importance of cost control and dynamic pricing strategies to drive future profitability [38] Other Important Information - The company invested $789 million in growth initiatives in 2025, including acquisitions and organic projects [23] - Maintenance capital expenditures were in line with expectations at 6% of revenue [24] - The company ended the year with nearly $75 million in unrestricted cash and a net leverage position of 2.2 times [25] Q&A Session Summary Question: Opportunities to build on backlog in the West region - Management acknowledged a geographic shift in backlog but expressed confidence in funding and opportunities in California, Hawaii, and Alaska [32][33] Question: Potential levers to outperform aggregate pricing expectations - Management noted strong pricing performance in 2025 and highlighted the implementation of dynamic pricing strategies as a key lever for future pricing [34][38] Question: Margin outlook for 2026 - Management indicated expectations for modest margin improvement, driven by dynamic pricing and operational efficiencies [42][44] Question: Return to year-over-year growth in Oregon - Management expects Oregon's performance in 2026 to be in line with 2025 results, contingent on public funding clarity [46][48] Question: Contribution of acquisitions to 2026 growth - Management stated that the contributions from acquisitions would offset seasonal losses and emphasized organic growth in guidance [88][90] Question: Data centers and backlog conversion - Management reported significant opportunities in data centers, primarily in material supply, with a strong pipeline of pending work [78][80]

Financial Data and Key Metrics Changes - In 2025, the company achieved a record Adjusted EBITDA of $497 million, representing a 7% increase year-over-year [4] - The fourth quarter saw a 47% increase in Adjusted EBITDA and a 340 basis point improvement in Adjusted EBITDA margin [18] - Gross profit for the fourth quarter increased by 27%, achieving a record gross margin of nearly 19% [18] Business Line Data and Key Metrics Changes - Aggregates volumes increased by 17% in the fourth quarter, with pricing up by 8% [18] - Ready-mix volumes rose by 20% in the fourth quarter, with gross margin lifting by 230 basis points [20] - Contracting services revenue grew by 15%, with the Mountain region experiencing nearly 20% growth [22] Market Data and Key Metrics Changes - The company entered 2026 with a record backlog of $1 billion, a 38% increase from the previous year [11] - Approximately 46% of IIJA funding remains to be disbursed across the company's 14 states, indicating strong public budgets [11] - The company is seeing increased private opportunities, including data centers and distribution facilities [11] Company Strategy and Development Direction - The company focuses on four growth components: markets, vertical integration, self-help initiatives, and a strong corporate culture [6] - The acquisition program ramped up in 2025 with five completed deals, and the company expects another busy year in 2026 [4][7] - The strategy emphasizes being an aggregates-based, end-to-end provider to enhance value and improve margins [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence entering 2026, citing strong momentum and favorable market conditions [5] - The company anticipates continued growth driven by infrastructure investments and a disciplined focus on cost control and pricing optimization [10][25] - Management expects consolidated revenue for 2026 to be between $3.3 billion and $3.5 billion, with Adjusted EBITDA between $520 million and $560 million [26] Other Important Information - The company invested $789 million in growth initiatives in 2025, including acquisitions and organic projects [23] - Maintenance capital expenditures were $170 million, or 6% of revenue, consistent with previous guidance [24] - The company ended the year with nearly $75 million in unrestricted cash and a net leverage position of 2.2x [25] Q&A Session Summary Question: Opportunities to build on backlog in the West region - Management acknowledged a geographic shift in backlog but expressed confidence in California, Hawaii, and Alaska's funding [32] Question: Potential levers to outperform aggregate pricing expectations - Management highlighted the success of dynamic pricing strategies and ongoing training to optimize pricing [38] Question: Margin outlook for 2026 - Management indicated expected margin improvements across all product lines, driven by dynamic pricing and operational excellence initiatives [44] Question: Return to year-over-year growth in Oregon - Management expects Oregon's performance in 2026 to be broadly in line with 2025 results, pending clarity on public funding [48] Question: Contribution of acquisitions to 2026 growth - Management stated that the full-year contribution from TexCrete would offset seasonal losses from Strata, indicating strong organic growth [90]

Financial Data and Key Metrics Changes - In 2025, the company achieved a record Adjusted EBITDA of $497 million, representing a 7% increase year-over-year [4] - The fourth quarter of 2025 saw a 47% increase in Adjusted EBITDA and a 340 basis point improvement in Adjusted EBITDA margin [16] - Gross profit for the fourth quarter increased by 27%, achieving a record gross margin of nearly 19% [16] Business Line Data and Key Metrics Changes - Aggregates volume increased by 17% in the fourth quarter, with pricing up by 8% [16] - Ready-mix volumes rose by 20% in the fourth quarter, with gross margin improving by 230 basis points [18] - Contracting services revenue grew by 15%, with the Mountain region experiencing nearly 20% growth [20] Market Data and Key Metrics Changes - The company entered 2026 with a record backlog of $1 billion, a 38% increase from the previous year [10] - Approximately 46% of IIJA funding remains to be disbursed across the company's 14 states, indicating strong public budgets for infrastructure [10] - The company anticipates continued growth in states with higher growth forecasts, particularly in the Mountain and Central regions [6] Company Strategy and Development Direction - The company focuses on four growth components: market positioning, vertical integration, self-help initiatives, and a strong corporate culture [5] - The acquisition program is ramping up, with five deals completed in 2025 and more expected in 2026 [4][6] - The company aims to enhance margins through continuous improvement and operational efficiencies [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position for growth in 2026, citing strong market conditions and a favorable infrastructure funding backdrop [5][10] - The company expects to maintain a disciplined focus on cost control and pricing optimization to drive EBITDA growth [8][24] - Management highlighted the importance of a stable budget in Oregon for future growth, with expectations for performance to align with 2025 results [43] Other Important Information - The company invested $789 million in growth initiatives in 2025, including acquisitions and organic projects [21] - Capital expenditures for maintenance and improvement are expected to remain between 5% and 7% of revenue in 2026 [22] - The company ended 2025 with $75 million in unrestricted cash and a net leverage position of 2.2 times, below the long-term target of 2.5 times [23] Q&A Session Summary Question: Opportunities to build on backlog in the West region - Management acknowledged a geographic shift in backlog but expressed confidence in the funding and opportunities in California, Hawaii, and Alaska [30] Question: Potential levers to outperform aggregate pricing expectations - Management discussed the success of dynamic pricing strategies and ongoing training to optimize pricing [35] Question: Margin outlook for 2026 - Management indicated expectations for margin improvements across all product lines, driven by dynamic pricing and operational efficiencies [40] Question: Return to year-over-year growth in Oregon - Management expects Oregon's performance in 2026 to be in line with 2025 results, contingent on public funding clarity [44] Question: Impact of acquisitions on 2026 outlook - Management stated that the contributions from acquisitions would offset seasonal losses and that organic growth is expected to be strong [86]

4Q and Full-Year 2025 Results Presentation February 17, 2026 Forward-Looking Statements The information in this presentation highlights the key growth strategies, projections and certain assumptions for the company and its subsidiaries, including with respect to the benefits of acquisitions. Many of these highlighted statements and other statements not historical in nature are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Although the comp ...

Core Viewpoint - Black Creek Investment Management Inc. has established a new position in Eagle Materials, acquiring 502,120 shares valued at approximately $103.78 million, indicating confidence in the company's growth potential despite recent stock performance [1][2]. Company Overview - Eagle Materials operates as a leading U.S. supplier of construction materials, with a diverse portfolio that includes cement, aggregates, wallboard, and paperboard [6][8]. - The company generates revenue through the mining, manufacturing, and distribution of heavy and light building materials, serving both commercial and residential construction, as well as infrastructure projects [8]. Financial Metrics - As of February 12, 2026, Eagle Materials' stock price was $232.67, with a market capitalization of $7.60 billion [4]. - The company reported a total revenue of $2.30 billion and a net income of $430.13 million for the trailing twelve months [4]. - In the fiscal third quarter, Eagle Materials posted $556 million in quarterly revenue and a diluted EPS of $3.22 [7]. Market Performance - Eagle Materials' cement volumes increased by 9% year over year, while organic aggregates volumes surged by 34%, indicating strong demand in certain segments [7]. - Despite these positive metrics, the company's shares have declined by 5.1% over the past year, underperforming the S&P 500 by 18 percentage points [7][10]. Capital Allocation and Debt Management - The company has a disciplined balance sheet with net debt of approximately $1.37 billion and a net leverage ratio of 1.8x [9]. - Eagle Materials repurchased about 648,000 shares for $142.6 million in the quarter, demonstrating a commitment to capital allocation consistency [9]. Investment Implications - The new position in Eagle Materials represents 5.1% of Black Creek's reportable assets, fitting a profile that favors cash-generative, asset-heavy businesses with pricing power [7][10]. - Long-term investors are encouraged to consider the potential of infrastructure spending and disciplined leverage to drive value in the next economic cycle, despite current softness in the housing market [10].

As filed with the U.S. Securities and Exchange Commission on February 13, 2026. Registration No. 333-292310 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GreenVector Holdings Limited (Exact Name of Registrant as Specified in its Charter) (I.R.S. Employer Identification No.) Cayman Islands 3270 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial ...

Core Viewpoint - UFP Industries, Inc. has declared a quarterly cash dividend of $0.36 per share, reflecting a 3% increase from the previous year, marking the 14th consecutive year of dividend increases [1] Group 1: Dividend Announcement - The Board of Directors has approved a quarterly cash dividend of $0.36 per share, payable on March 16, 2026, to shareholders of record on March 2, 2026 [1] - The dividend increase of 3% over the March 2025 dividend highlights the company's commitment to returning value to shareholders [1] - This marks the 14th consecutive year that UFP Industries has increased its dividend [1] Group 2: Company Overview - UFP Industries, Inc. is a holding company with subsidiaries including UFP Packaging, UFP Construction, and UFP Retail, focusing on value-added products for residential and commercial construction, packaging, and industrial applications [1] - The company was founded in 1955 and is headquartered in Grand Rapids, Michigan, with operations in North America, Europe, Asia, and Australia [1] - UFP Industries aims to deliver strong returns on investment through share price gains, cash dividends, and targeted share repurchases [1]

Core Insights - SaverOne has completed the installation of its Driver Distraction Prevention System (DDPS) in Cemex Croatia, marking the fifth country where this system has been implemented, following Spain, Germany, the Czech Republic, and Israel [1][2][3] Group 1: Company Developments - The completion of the installation in Croatia signifies a key phase in SaverOne's strategy to expand from localized deployments within Cemex Europe to a broader global rollout [2] - SaverOne and Cemex aim to enhance driver safety and establish a consistent safety culture across Cemex's global operations, leveraging successful implementations to date [2][3] - The CEO of SaverOne highlighted that the deployment in Croatia reflects Cemex's confidence in their solution and the commitment to improving driver safety across diverse fleet operations [3] Group 2: Industry Context - Driver safety is emphasized as a critical component for operational excellence within Cemex, with SaverOne's solution aimed at reducing distraction-related risks [3] - The technology developed by SaverOne addresses the issue of driver distraction caused by mobile phone usage, which is a leading cause of road accidents globally [5] - The annual cost of road accidents in the United States is approximately $870 billion, with a significant portion attributed to mobile phone use while driving [5] Group 3: Future Outlook - SaverOne plans to expand installations into additional Cemex regions worldwide and support the adoption of a comprehensive safety culture across its operations [2][3] - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, focusing on markets in Israel, Europe, and the US [6][7] - Upcoming EU regulations are expected to drive demand for cellular distraction prevention systems, which could positively impact SaverOne's market opportunities [7]

Core Viewpoint - The market anticipates Vulcan Materials (VMC) will report a year-over-year decline in earnings despite an increase in revenues for the quarter ending December 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for Vulcan's quarterly earnings is $2.13 per share, reflecting a year-over-year decrease of 1.8%, while revenues are projected to reach $1.94 billion, representing a 4.9% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 2.29%, indicating a collective reassessment by analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Vulcan is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.58%, suggesting a bearish outlook from analysts [12]. Historical Performance - In the last reported quarter, Vulcan exceeded the expected earnings of $2.68 per share by delivering $2.84, achieving a surprise of +5.97%. Over the past four quarters, the company has beaten consensus EPS estimates three times [13][14]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock performance, and Vulcan does not currently appear to be a strong candidate for an earnings surprise [15][17].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that are experiencing recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Wesco International (WCC) Analysis - Wesco International (WCC) has shown a price increase of 10.3% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, WCC's stock gained 21.7%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - WCC has a beta of 1.45, suggesting it moves 45% higher than the market in either direction, indicating fast-paced momentum [5] - WCC has a Momentum Score of B, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - WCC is trading at a Price-to-Sales ratio of 0.64, indicating it is reasonably valued at 64 cents for each dollar of sales, providing room for further price appreciation [7] Group 3: Additional Investment Opportunities - Besides WCC, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]