Group 1 - CECO Environmental Corp. is a leading environmentally focused, diversified industrial company that provides solutions to protect people, the environment, and industrial equipment [2] - The company serves various industrial air, water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions [2] - CECO's innovative technology and application expertise help companies improve air quality, optimize energy value chains, and provide custom solutions across multiple industries including power generation, petrochemical processing, and battery production [2] Group 2 - CECO management will participate in several upcoming investor conferences, including the 14th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference on August 18, 2025, and the Jefferies Industrials Conference on September 3, 2025 [3] - Presentations from these conferences will be available on the Investor Relations section of the company's website [1][3]

Core Insights - The earnings season reveals opportunities in lesser-known companies alongside major firms, highlighting the importance of broad market analysis [1] Modine Manufacturing - Modine Manufacturing Co. reported a 13-cent earnings per share beat and revenue exceeding analyst estimates in its recent earnings report for Q1 fiscal 2026 [2] - The company aims for $2 billion in data center revenue by fiscal 2028, with its climate solutions segment generating $1.4 billion in sales for fiscal 2025 [3] - Modine's strategic acquisitions contributed to a 11% year-over-year revenue growth, with a revised full-year fiscal 2026 outlook of 10-15% growth [4] - Modine shares increased by 28% in the last month, with an additional 7% upside potential projected [4] CECO Environmental - CECO Environmental Corp. exceeded analyst expectations, achieving a 35% year-over-year increase in EPS and a 45% rise in EBITDA [5] - The company anticipates $725–775 million in revenue for the full year, with shares up 50.4% in the last month and a potential 9% upside [8] - CECO's sales opportunity pipeline has grown to $5.5 billion, with a backlog of $688 million, reflecting a 274 million new bookings [7] Expro Group - Expro Group Holdings N.V. reported an 8% year-over-year revenue increase, surpassing predictions despite energy sector volatility [9] - The company expects about $1.7 billion in full-year revenue and plans a $40 million share buyback campaign [11] - Expro shares rose nearly 17% in the last month, with over 16% additional upside possible [11]

Financial Performance - Waste Management delivered a healthy top and bottom line beat, driven by strength in the core business [2] - Healthcare solutions EBITDA margins improved by 170 basis points [6] - The core business continues to drive gross margins [6] - The company raised its margin expectations due to strong performance in pricing and cost control [7] Business Strategy & Operations - Waste Management's stock is considered a "forever stock" due to consistent performance [3] - Acquisitions, such as Stir Cycle, have been a key factor in the company's success [4] - The company has smoothed out fluctuations in the recycling business through contract adjustments and diversification into areas like healthcare solutions [10] - Increasing regulatory requirements can work in Waste Management's favor due to its self-regulation practices [18] Market & Economic Outlook - The garbage business can provide insights into the economy [2] - The construction and demolition business is improving sequentially, indicating potential economic improvement [14] - The company sees signs of economic strengthening, particularly in the commercial and industrial sectors [13] - Waste Management is well-positioned regarding declining landfill airspace availability, with advantageous locations in major MSAs [21]

Financial Data and Key Metrics Changes - The company reported a record revenue of $185 million for Q2 2025, representing a 35% year-over-year increase [9][24] - Adjusted EBITDA reached over $23 million, up 45% year-over-year, driven by volume and strong gross margins [9][25] - The earnings per share (EPS) was 24 cents, reflecting a 35% increase year-over-year [10] Business Line Data and Key Metrics Changes - The backlog grew to a record $688 million, up 76% year-over-year, with approximately $70 million attributed to recent acquisitions [6][21] - New bookings for Q2 totaled $274 million, a 95% increase compared to the same quarter last year [7][22] - The company achieved a book-to-bill ratio of approximately 1.5 for the first half of 2025 [8][22] Market Data and Key Metrics Changes - Strong demand was noted in power generation, semiconductor inquiries, and natural gas infrastructure, with steady demand in most regions except for some softness in Europe [12][13] - The sales opportunity pipeline has grown to over $5.5 billion, indicating robust future growth potential [12][35] Company Strategy and Development Direction - The company is focused on diversifying its portfolio and expanding into new vertical markets and geographies [8][19] - The integration of recent acquisitions is expected to generate additional synergies and access to new markets [37] - The company is raising its 2025 annual guidance for orders and revenue, reflecting strong performance and a robust sales pipeline [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate modest inflation and supply chain challenges while maintaining strong order bookings [13][73] - The outlook for 2025 includes expectations for continued strong growth, with a focus on operational excellence and project execution [15][31] Other Important Information - The company is maintaining its previous outlook for adjusted EBITDA and free cash flow, expecting growth of approximately 50% year-over-year [15] - The gross profit margin improved to slightly over 36%, up 50 basis points year-over-year [25][30] Q&A Session Summary Question: What is the pipeline like in the power generation market? - Management indicated that the pipeline remains strong, with over a billion dollars in power generation-related projects expected to come to decision in the next 24 months [44][46] Question: What is the environment like in other verticals? - Management noted strength in semiconductor, natural gas infrastructure, and industrial water markets, with a positive outlook for industrial reshoring in North America [49][51] Question: How does the recent legislation impact project timelines? - Management stated that orders have been growing even before the passage of recent legislation, indicating a strong demand environment [59][64] Question: What is the guidance for second half bookings? - Management suggested that the guidance does not capture the maximum potential for large orders, indicating a healthy level of expected bookings [68][70] Question: How does the company plan to manage inflationary pressures? - Management acknowledged the challenges of passing on costs in fixed-price contracts but expressed confidence in their ability to manage inflation through productivity initiatives [71][73] Question: What are the expectations for EBITDA margins? - Management indicated a commitment to achieving mid-teens EBITDA margins over time, balancing growth investments with margin expansion [84][86]

Q4 2020 Financial Performance - Revenues for Q4 2020 were $508 million, compared to $400 million in Q4 2019, and $509 million in Q3 2020[11] - Adjusted EBITDA for Q4 2020 was $62 million, slightly above the prior year's $61 million[11] - Adjusted diluted earnings per share for Q4 2020 were $0.12, the same as in Q4 2019[11] - Free cash flow for Q4 2020 was $(8) million, compared to $28 million in Q4 2019[11] 2020 Full Year Financial Performance - Revenues for 2020 were $1.864 billion, a 24% increase compared to 2019[28] - Adjusted EBITDA for 2020 was $238 million, a 10% decrease compared to 2019[28] - Adjusted diluted earnings per share for 2020 were $0.49, a 46% decrease compared to 2019[28] - Free cash flow for 2020 was $2 million, compared to $(31.642) million in 2019[28,64] 2021 Outlook - The company anticipates a 10% to 15% increase in revenues for 2021[31] - The company anticipates approximately a 20% increase in Adjusted EBITDA for 2021[31] - Projected Adjusted EBITDA for Clean Earth in 2021 is expected to be between $72 million and $78 million[31] - Projected consolidated Adjusted EBITDA for 2021 is expected to be between $275 million and $295 million[32]

Company Overview and Strategy - CECO Environmental aims to be the leading global sustainable industrial environmental solutions company[7] - The company focuses on organic growth, programmatic M&A, debt management, and stock buybacks[8, 14] - CECO's capital allocation strategy includes investments in sales teams, engineers, project managers, and cybersecurity[17] - CECO provides 100% environmental solutions for industrial end-markets, with a diversified revenue model[18, 19] Financial Performance and Outlook - The company's backlog at the end of 2024 was greater than $540 million, with a 3-year Compound Annual Growth Rate (CAGR) of +36%[28] - CECO's sales pipeline is greater than $5 billion, up from $1.5 billion in 2021[23] - Q1 2025 orders reached a record $228 million, a 57% year-over-year increase[31, 33] - Q1 2025 revenue was $177 million, a 40% year-over-year increase[31, 33] - The company is maintaining its FY2025 revenue outlook of $700-$750 million, with a midpoint year-over-year growth of 30%, including 15% organic growth and 15% inorganic growth[47]

CECO Environmental (CECO) FY Conference Summary Company Overview - CECO Environmental focuses on delivering environmental solutions to industrial customers, with a global presence and approximately half of its business outside the US, up from less than 20% in 2020 [3][7] - The company has three leading businesses in industrial air, industrial water, and energy transition, with a strong organic growth rate averaging 10% per year since 2021 [4][3] Financial Performance - CECO has a record backlog across all businesses, with over $600 million in backlog as of Q1 2025, indicating strong future growth potential [13] - The company reported a revenue outlook for 2025 between $700 million and $750 million, with expected EBITDA of $90 million to $100 million, reflecting a 30% year-over-year growth [12][28] - Orders for Q1 2025 were $228 million, with revenue of $177 million, exceeding consensus expectations [15][12] - The trailing twelve-month revenue reached $608 million, marking a record for the company [18] Growth Strategy - CECO has executed approximately 13 transactions in the last four years, with over half of acquisitions doubling in revenue within 24 months [5][25] - The company emphasizes a focused capital allocation model, prioritizing organic growth and managing debt levels to remain flexible for M&A opportunities [4][8] - Recent acquisitions include Profire Energy, which is expected to double in size within five years, and Verantis, which has shown strong order momentum [16][19][53] Market Position and Trends - CECO operates in diversified industrial segments, with a balanced revenue model: 30% recurring business, 25% repeat solutions, and 45% large customized products [10][9] - The company benefits from macro trends such as reshoring, electrification, and infrastructure build-out, which are driving demand in energy and industrial markets [11] - CECO's project execution and gross profit margins have improved, with expectations to maintain a gross profit margin of around 35% [22][23] Challenges and Outlook - The company is managing inflation and tariff impacts, which have pressured adjusted EBITDA but are considered manageable [29][31] - CECO's management is optimistic about the growth of its order book and pipeline, with customers accelerating order placements [29] - The company is focused on integrating acquisitions effectively, with Profire's integration ahead of schedule and no employee turnover since the acquisition [34][36] Regulatory Environment - CECO anticipates that changes in environmental regulations will not significantly impact its operations, as existing technologies meet federal standards [55][56] - The company is positioned to benefit from trends in energy production, including gas turbine and nuclear power developments, although these are not primary drivers for stock ownership [58][59] Conclusion - CECO Environmental is committed to delivering strong growth and sustainable shareholder value through a robust acquisition strategy, effective integration of new businesses, and a focus on organic growth opportunities [30][31]

Core Viewpoint - The acquisition of Resource Group by Safe and Green Development Corporation (SGD) is a strategic move aimed at enhancing revenue-generating operations and aligning with the company's vision for sustainable development [2][5]. Company Overview - Safe and Green Development Corporation is a publicly traded real estate and development company focused on innovative and green building practices, utilizing prefabricated modules made from wood and steel [12]. - Resource Group US Holdings LLC specializes in transforming organic green waste into engineered soil and mulch products, providing sustainable solutions for various sectors [3]. Acquisition Details - SGD has completed the acquisition of Resource Group, which includes a permitted composting facility, two green waste aggregation sites, and a transportation fleet [2]. - The acquisition is expected to add significant revenues and growth potential to SGD's core business [5]. - SGD issued 376,818 shares of common stock, 1,500,000 shares of non-voting Series A Convertible Preferred Stock, and $480,000 in unsecured promissory notes as part of the acquisition [5]. Operational Integration - The Resource Group team will continue in their current roles, collaborating with SGD's leadership to ensure a seamless transition and integration of operations [4]. - The combined entity is working on aligning operations, optimizing logistics, and expanding sales of environmentally responsible products [11]. Future Plans - SGD plans to reconstitute its board of directors to include members from Resource Group, enhancing governance and oversight [6]. - The company is in the process of rebranding under a new name, which will be announced soon [11].

Core Viewpoint - Digital Utilities Ventures, Inc., now known as Easy Environmental Solutions Inc., has partnered with Organic Living Soil, LLC to become the exclusive dealer and warehouser for its proprietary product Terreplenish® in Louisiana and Mississippi, focusing on sustainable agricultural solutions and water remediation [1][8]. Company Overview - Easy Environmental Solutions Inc. is an innovative company focused on developing modular technologies aimed at solving major global issues, with a strong emphasis on sustainability and efficiency [10]. Product Details - Terreplenish® is a proprietary organic microbial solution that acts as an alternative to chemical fertilizers, consisting of live-active microbes and green biomass, which revitalizes soil biology and reduces chemical dependency [3][6]. - The product delivers up to 60 lbs. of plant-available nitrogen and 20 lbs. of phosphorus per acre, requiring up to 20% less irrigation, while enhancing plant immunity and resistance to disease [3]. Environmental Impact - Terreplenish® is also effective in cleaning ponds and lakes by eradicating algae and other surface formulations, providing a non-chemical solution for water systems in hospitals, schools, and recreational areas [6][9]. - The microbes in Terreplenish® are naturally reproductive, continuously consuming pond algae as a food source, thus promoting a healthier aquatic environment [6]. Strategic Growth - The partnership with Organic Living Soil marks a significant step in Easy Environmental Solutions' expansion from a regional to a national and international presence, addressing the growing need for soil and water restoration [8][9].

Company Contact: Peter Johansson Chief Financial and Strategy Officer 888-990-6670 Investor Relations Contact: ADDISON, Texas, May 06, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announces that CECO management will participate at the following investor conferences: The presentations will be available on the Investor Relations section of the C ...