NEW YORK, May 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/everus-construction-group-inc-loss-submission-form/?id=147720&from=4CLASS PERI ...

本期关注 企业 《代建企业综合能力评价标准》审查通过 新城建管成功签约天津和平商业项目 招商建管签约深圳大学城、昆山开发区代建项目 过区域深耕、依托集团品牌势能，新城建管已成功签约近10个代建项目，其中"品悦系"四代宅产品代表作品悦万澜成为华北区域轻资产开发的标杆典范。 山开发区南浜路北侧、洞庭湖路西侧地块项目。 省级重点支持。双方将共同开发伴山雅著项目，该项目毗邻750亩仙姑岭生态公园，周边配置师大双语附中、湘雅医院及商业综合体。 江新区龙兴组团C分区C50-1-1地块提供建造管理服务；携手成都万华投资集团，为重庆麓悦江城项目提供品质住宅装修服务。 方米，总建面15.3万平方米，项目位处南京市江北新区核心地段。此次项目中标标志着中建东孚在南京轻资产代建管理再上新台阶。 绿城中国披露1-4月代建项目销售233亿元 项目 而今管理杭州萧山玺茂新华悦府安置房代建项目投入使用 旭辉建管代建项目浐灞旭辉·国宸府交付 行业动态 ，认为其体系完整、内容科学，兼具实用性和可操作性，在国内首次系统化编制代建企业综合能力评价标准，达到领先水平，一致同意通过审查。此次《标准》的通 1-4月累计代建项目销售面积171万平方米，销售 ...

Group 1 - Indoor Group will initiate change negotiations to improve profitability, covering 84 employees in support functions [1][2] - The goal of the negotiations is to achieve a profitability improvement of approximately EUR 2 million as part of a broader operating model reform aimed at an annual operating profit increase of at least EUR 10 million by the end of 2026 [2] - Indoor Group reported an operating loss of EUR 2.5 million in the first quarter, making these profitability improvement measures necessary [3] Group 2 - KH Group operates in various business areas, including construction equipment, rescue vehicles, and furniture retail, with a strategy to create an industrial group around KH-Koneet [3] - KH Group's shares are listed on Nasdaq Helsinki, indicating its presence in the public market [3]

Core Insights - Sanya is expected to launch 1,453 affordable housing units in 2025, with plans to start construction on an additional 762 units [1][2] Group 1: Housing Supply - The existing unsold affordable housing units in Sanya total over 800 [1] - The 1,453 units to be launched in 2025 include projects in various locations with average selling prices ranging from 12,800 to 13,400 CNY per square meter [1] - The planned construction of 762 units will also feature projects with average selling prices of 12,800 to 16,800 CNY per square meter [1] Group 2: Demand and Application Process - The new housing supply is expected to meet the housing demand in Sanya from the end of 2025 to the end of 2026, with future construction to follow a "demand-based" principle [2] - The application process for affordable housing has been streamlined to an online system, requiring specific documentation from applicants [2]

Core Viewpoint - Guangzhou aims to establish itself as a leader in smart construction and industrialized building by 2030, targeting a 500 billion yuan industry cluster through strategic planning and innovative technologies [1][2]. Group 1: Strategic Planning - Guangzhou has included "smart construction and industrialized building" as one of its four key industries, integrating it into 15 strategic industrial clusters with a goal of forming a 500 billion yuan industry cluster by 2030 [1][2]. - The city has issued the "Five-Year Action Plan for Accelerating New-Type Building Industrialization (2024-2028)" with 26 key tasks focusing on policy optimization, product innovation, and talent support [2]. Group 2: Technological Advancements - Guangzhou is leveraging its rich application scenarios in urban village renovations and affordable housing to create a project reserve list for industrialized construction, aiming to become a hub for smart construction technologies [3]. - The Guangzhou Global Trade Plaza project utilizes advanced technologies such as cloud construction factories and intelligent construction robots, improving construction efficiency by 30% and reducing overall project duration by approximately 10% [3]. Group 3: Industry Collaboration - The city promotes the establishment of a smart construction industry alliance to enhance collaboration among upstream and downstream enterprises, exemplified by a partnership between Guangzhou Construction Group and Baowu Group to create a smart steel structure processing industrial park [4]. - Guangzhou is developing smart construction industrial parks to foster industry clustering, with plans for the "Bay Area Smart Construction Industrial Park" expected to generate an annual output value of 5 billion yuan upon completion [4]. Group 4: Global Expansion - Guangzhou is actively engaging in international markets, having established six overseas technology transfer centers and participating in projects like the expansion of Thailand's Laem Chabang Port, showcasing the application of smart construction in port engineering [5]. - The city has formed the "Guangdong-Hong Kong-Macao Smart Construction Industry Development Alliance" to enhance collaboration within the Greater Bay Area and expand its market reach [4][5]. Group 5: Standardization and Quality Assurance - Guangzhou has developed technical standards for industrialized construction covering cost, design, and construction processes, ensuring quality and accelerating industry growth [6]. - The city has released local standards for industrialized building construction and a technology checklist to guide enterprises in enhancing their technological capabilities [6].

Core Viewpoint - Matrix Service experienced a significant decline in stock price following disappointing quarterly earnings, with a nearly 9% drop on a day when the broader market remained relatively flat [1] Financial Performance - For fiscal Q3 2025, Matrix Service reported a 21% year-over-year revenue growth, reaching slightly over $200 million [2] - The company narrowed its non-GAAP adjusted net loss to $3.3 million, or $0.12 per share, compared to a loss of $14.6 million in the same quarter last year [2] Revenue Drivers - The revenue increase was attributed to strong performance in storage and terminal solutions, as well as utility and power infrastructure segments, driven by large-scale project execution [3] - Analysts had higher expectations, with a consensus estimate of over $247 million in revenue and a net loss of $0.05 for the quarter [3] Project Backlog - Matrix Service reported a nearly 8% year-over-year growth in project backlog, now totaling $1.4 billion [3] Revenue Guidance - The company lowered its revenue guidance for fiscal 2025 to a range of $770 million to $800 million, down from the previous estimate of $850 million to $900 million [4] - The new guidance, while above fiscal 2024's revenue of $728 million, falls short of the average analyst estimate of $854 million [4] Market Sentiment - The gap between expected performance and actual results raises concerns, leading to a cautious outlook on the stock until stronger improvement is demonstrated [5]

The Zacks Building Products - Heavy Construction industry stands on a strong growth trajectory, supported by favorable long-term trends despite near-term headwinds such as elevated interest rates, project timing uncertainties, and labor market pressures.The outlook is especially bright, thanks to a robust federal infrastructure agenda that continues to unlock substantial investments in transportation, broadband, and energy networks. This surge in spending is fueling rising demand across high-growth sectors ...

Financial Data and Key Metrics Changes - Revenue for Q2 fiscal 2025 was $571.7 million, representing a 54% increase year-over-year [16] - Adjusted EBITDA grew by 135% to $69.3 million, with an adjusted EBITDA margin of 12.1%, up from 7.9% in the same quarter last year [18] - Net income was $4.2 million, compared to a net loss of $1.1 million in the same quarter last year [18] - General and administrative (G&A) expenses as a percentage of total revenue decreased to 8.2% from 9.7% year-over-year [17] Business Line Data and Key Metrics Changes - The revenue mix for the quarter included 7% organic revenue growth and 47% from recent acquisitions [16] - The company reported a project backlog of $2.84 billion, indicating strong demand for services [19] Market Data and Key Metrics Changes - The company continues to benefit from healthy federal and state project funding in the Sunbelt states, with no signs of degradation in market conditions [10] - The IIJA and state funding are expected to provide a healthy bidding environment for public market customers [11] Company Strategy and Development Direction - The company is focused on both organic and acquisitive growth, with a strong acquisition pipeline and plans to expand into new states [12][13] - The strategic goal is to achieve top-line growth of 15% to 20% annually and EBITDA expansion of 50 basis points per year through various margin levers [13] Management's Comments on Operating Environment and Future Outlook - Management noted that they have not experienced project delays or cancellations despite broader macroeconomic uncertainties [24] - The company is optimistic about the future, citing strong economic expansion and favorable demographic trends in Tennessee as growth drivers [9] Other Important Information - Capital expenditures for Q2 were $41.4 million, with total expected capital expenditures for fiscal 2025 in the range of $130 million to $140 million [21] - The company aims to reduce its debt to trailing twelve months EBITDA ratio to approximately 2.5 times in the next four quarters [20] Q&A Session Summary Question: Are there any project delays or cancellations due to macroeconomic uncertainty? - Management stated they are experiencing business as usual with no delays or cancellations noted [24] Question: What are the margin differentials in recent acquisitions? - Management highlighted that the recent acquisition of PRI has a margin profile in the mid-teens, which is beneficial for the company [27] Question: How is capital allocation prioritized in 2025? - The company plans to pay down debt while also pursuing smart acquisitions to support growth [34] Question: What is the revenue contribution from M&A? - Approximately $150 million to $160 million in revenue is expected to carry over into 2026 from recent acquisitions [47] Question: Are there any inflation-related impacts from tariffs? - Management indicated that tariffs have not been a significant issue, as most supply chain inputs are sourced domestically [54] Question: How does the backlog compare to recognized profit margins? - Backlog margins are healthy, and the company typically finds ways to grow margins during project execution [78]

Financial Data and Key Metrics Changes - Revenue for Q2 fiscal 2025 was $571.7 million, representing a 54% increase year-over-year [14] - Adjusted EBITDA grew by 135% to $69.3 million, with an adjusted EBITDA margin of 12.1%, up from 7.9% in the same quarter last year [17] - Net income was $4.2 million, compared to a net loss of $1.1 million in the same quarter last year [16] - General and administrative (G&A) expenses as a percentage of total revenue decreased to 8.2% from 9.7% year-over-year [15] Business Line Data and Key Metrics Changes - The revenue mix for the quarter included 7% organic revenue growth and 47% from recent acquisitions [15] - The company reported a project backlog of $2.84 billion, indicating strong demand for services [18] Market Data and Key Metrics Changes - The company continues to benefit from healthy federal and state project funding in the Sunbelt states, with no signs of degradation in market conditions [9] - The IIJA (Infrastructure Investment and Jobs Act) is expected to provide significant funds that have not yet been deployed, supporting a healthy bidding environment [10] Company Strategy and Development Direction - The company is focused on both organic and acquisitive growth, with a target of 15% to 20% annual top-line growth and 50 basis points EBITDA expansion per year through margin levers [12] - Recent acquisitions, including PRI in Tennessee, are expected to enhance the company's market share and operational capabilities [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing operational performance and the ability to maintain a healthy bidding environment despite broader macroeconomic uncertainties [22][23] - The company is optimistic about the growth opportunities in Tennessee and other Southeastern states, driven by favorable economic conditions [7][11] Other Important Information - Capital expenditures for Q2 were $41.4 million, with total expected capital expenditures for fiscal 2025 in the range of $130 million to $140 million [20] - The company aims to reduce its debt to trailing twelve months EBITDA ratio to approximately 2.5 times in the next four quarters [19] Q&A Session Summary Question: Are there any project delays or cancellations due to macroeconomic uncertainty? - Management reported no significant delays, stating that business is operating as usual with a healthy bid sheet in commercial markets [22][23] Question: What are the margin differentials in recent acquisitions? - The management highlighted that the recent acquisitions, including PRI, have higher margin profiles and emphasized the importance of strong management teams for future growth [24][25] Question: How is capital allocation prioritized in 2025? - The company plans to pay down debt while also pursuing smart acquisitions, maintaining a focus on growth [32] Question: What is the outlook for organic growth and market conditions? - Management indicated that organic growth is expected to be strong, supported by ongoing bidding activity and market conditions [58][60] Question: Are there any inflation-related impacts from tariffs? - Management stated that tariffs have not significantly impacted the supply chain or costs, as most materials are sourced domestically [52] Question: How does the backlog compare to recognized profit margins? - Management noted that backlog margins remain healthy and that crews often find ways to grow margins during project execution [74] Question: What is the company's strategy for vertical integration? - The company continues to pursue vertical integration through both acquisitions and organic growth, focusing on services and infrastructure [77][78]

According to a decision of the Management Board of AS Merko Ehitus from 9 May 2025, the powers of the Member of the Supervisory Board of AS Merko Ehitus Eesti, Mr. Martin Rebane, have been extended until 10 May 2028. The Supervisory Board of AS Merko Ehitus Eesti will continue with four members: Mr. Ivo Volkov (the Chairman), Mr. Tõnu Toomik, Mr. Urmas Somelar and Mr. Martin Rebane. AS Merko Ehitus Eesti (merko.ee) is a recognised Estonian construction company, which offers construction services in general ...