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Construction Partners, Inc. Announces Preliminary Fiscal 2025 Financial Results and Introduces Fiscal 2026 Outlook
Prnewswireยท 2025-10-21 20:15
Core Insights - Construction Partners, Inc. (CPI) announced preliminary financial results for fiscal year 2025, highlighting strong operational performance and record year-end results for revenue and profitability [1][2] - The company expects continued growth in fiscal year 2026, driven by favorable economic indicators in the Sunbelt region and strategic initiatives [1][6] Fiscal Year 2025 Preliminary Financial Results - Revenue is projected to be between $2.800 billion and $2.820 billion, a significant increase from $1.824 billion in fiscal 2024 [2] - Net income is expected to range from $101.0 million to $101.8 million, up from $68.9 million in the previous fiscal year [2] - Adjusted EBITDA is anticipated to be between $421.0 million and $425.0 million, compared to $220.6 million in fiscal 2024 [3] Fiscal Year 2026 Outlook - Revenue for fiscal year 2026 is forecasted to be between $3.400 billion and $3.500 billion [6] - Net income is expected to range from $150.0 million to $155.0 million [6] - Adjusted EBITDA is projected to be between $520.0 million and $540.0 million, with an Adjusted EBITDA Margin of 15.3% to 15.4% [6][7] Strategic Growth Initiatives - The company plans to enhance operational performance and expand margins through strategic bidding and vertical integration opportunities [5][7] - CPI aims to leverage transportation funding programs and healthy commercial markets in the Sunbelt for continued growth [7] Project Backlog - The project backlog is expected to be approximately $3.0 billion as of September 30, 2025, an increase from $1.96 billion at the same time last year [3]