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CEMATRIX To Report First Quarter 2025 Results on May 7, 2025 Earnings Webinar Scheduled for 1:00 p.m. ET, May 8, 2025
Globenewswire· 2025-04-30 12:30
Core Viewpoint - CEMATRIX Corporation, a leading manufacturer and supplier of cellular concrete in North America, will release its consolidated financial results for Q1 2025 on May 7, 2025, after market close [1] Group 1: Company Overview - CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site, offering cost-effective and innovative solutions for geotechnical construction challenges [3] - The company has a healthy financial position, characterized by significant revenue, positive EBITDA, and positive cash flow from operations [5] - CEMATRIX operates through wholly owned subsidiaries, including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company [5] Group 2: Product Applications - Cellular concrete applications include lightweight engineered fill, retaining wall fill, insulating road subbase, flowable self-compacting fill, and various other construction uses [4] Group 3: Upcoming Events - Management will host a webinar on May 8, 2025, to discuss the Q1 financial results and provide a corporate update, followed by a Q&A session [2]
MDU Resources Group (MDU) 2024 Investor Day Transcript
2024-03-13 16:00
MDU Resources Group (MDU) 2024 Investor Day Summary Company Overview - MDU Resources Group is transitioning to a pure play regulated utility company after the spin-off of Knife River in early 2023 and the anticipated spin-off of MDU Construction Services Group (now Everest Construction Group) expected at the end of 2024 [7][10][11] - The company serves 1.2 million customers across eight states with over 30,000 miles of electric and natural gas transmission and distribution lines, and has plans to invest $2.7 billion in regulated infrastructure over the next five years [8][11] Financial Performance - MDU's Utility Group earnings increased by 17% over 2022, with significant capital investments driving rate base growth of over 8.5% [71] - Pipeline earnings rose by 33% year-over-year, attributed to expansion projects and higher contracted volume commitments [72] - Everest Construction Group reported record revenue, earnings, and EBITDA, with a compound annual growth rate of 17% over the past five years [57][72] Strategic Focus - The company aims for nearly 100% regulated business, providing stability and predictability in cash flow [11][26] - MDU's long-term guidance includes an EPS growth rate of 6% to 8% and utility rate base growth of 7% [21][87] - The CORE framework focuses on customers and communities, operational excellence, returns-focused strategies, and employee engagement [13][25] Regulatory Environment - MDU has a proactive regulatory strategy, with significant activity in 2023 including completed rate cases in North Dakota and Montana [76][77] - The company plans to file several new rate cases in 2024, aiming to minimize regulatory lag and enhance earnings growth [77][78] Sustainability Initiatives - MDU is committed to reducing greenhouse gas emissions, with targets of a 45% reduction by 2030 for its electric utility and a 30% reduction for its natural gas utility by 2035 [43][42] - The company is also focusing on renewable natural gas and has established interconnection agreements to enhance its sustainability efforts [44] Market Opportunities - The company sees strong growth potential in the electrical and mechanical infrastructure markets, driven by federal funding and the demand for large-scale transmission projects [63][85] - The data center market is a significant growth opportunity, with a major customer addition in 2023 and plans for further expansions [23][72] Conclusion - MDU Resources Group is positioned for long-term growth with a strong balance sheet, a focus on regulated utility operations, and a commitment to sustainability and community engagement [88][89] - The anticipated spin-off of Everest Construction Group is expected to enhance shareholder value and allow both entities to focus on their core strengths [85][88]