Financial Data and Key Metrics Changes - Revenue for the fourth quarter was $108.8 million, a slight decline from $111.5 million in the prior year quarter, reflecting ongoing challenges in commercial construction and residential demand due to high-interest rates [10][12] - Net income available to common shareholders decreased to $4.9 million or $0.09 per diluted share, down from $9 million or $0.16 per diluted share in the prior year quarter [13] - Consolidated Adjusted EBITDA for the fourth quarter was $30.7 million, compared to $33.7 million in the same year-ago quarter, with an Adjusted EBITDA margin of 28.2%, down from 30.2% [14] Business Line Data and Key Metrics Changes - U.S. concrete pumping revenue was $72.2 million, down from $74.5 million in the prior year quarter, with infrastructure projects remaining a bright spot [10][11] - Revenue in the U.S. concrete waste management services segment increased 8% to $21.3 million, driven by higher pan pickup volumes and pricing momentum [11] - U.K. operations saw revenue decline to $15.3 million from $17.1 million, primarily due to volume-driven challenges in commercial construction [12] Market Data and Key Metrics Changes - U.S. concrete pumping volumes remained stable in the commercial market, with infrastructure projects accounting for 24% of U.S. concrete pumping revenue [4][5] - The residential end market mix was 29% of total revenue, with affordability constraints from higher interest rates causing downward pressure on home building demand [6][7] - U.K. commercial construction activity remains subdued, but infrastructure projects, particularly in energy and HS2 rail construction, show resilience [7][8] Company Strategy and Development Direction - The company is accelerating a $22 million investment in its U.S. concrete pumping and EcoPan fleet in anticipation of stricter NOx emission standards set to take effect in 2027 [8][9] - The focus remains on maintaining financial flexibility, executing a disciplined growth strategy, and pursuing value-added acquisitions to strengthen the core platform [19][20] - The company aims to enhance shareholder value through share repurchases and strategic investments in fleet and operations [15][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential recovery in residential construction, expecting improvements as mortgage rates moderate [6][29] - The outlook for fiscal 2026 anticipates revenue between $390-$410 million and Adjusted EBITDA between $90-$100 million, assuming no significant recovery in construction markets [15][16] - Management highlighted the importance of large-scale commercial projects, such as data centers and semiconductor facilities, as key growth drivers despite challenges in the broader commercial market [35][36] Other Important Information - The company ended the quarter with approximately $360 million of available liquidity, providing substantial financial flexibility [15] - The recent acquisition in Ireland is expected to contribute approximately $2 million in revenue and $500,000 in EBITDA, with plans for further growth in the region [48][49] Q&A Session Summary Question: Drivers behind revenue guidance for 2026 - Management expects volume to be largely consistent year-over-year, with some pricing improvement contributing to modest revenue growth [24] Question: Margin pressure in 2026 - Margin pressure is primarily attributed to fleet utilization, with lower-than-expected utilization leading to a marginal decline in margin percentage [26] Question: Outlook for residential construction - Management sees slight improvement in residential markets, with optimism for recovery in the regions where the company operates [29] Question: Growth outlook for U.K. and EcoPan - The U.K. is expected to benefit from publicly funded work, while EcoPan is projected to achieve high single-digit to double-digit growth [33][34] Question: CapEx pull forward addressing upcoming regulations - The accelerated CapEx is expected to address most requirements associated with upcoming emission regulations, minimizing future disruptions [38] Question: Status of delayed projects - Some office buildings and manufacturing projects have been shelved, but the company remains optimistic about ongoing projects in data centers and chip plants [51]

Core Viewpoint - Concrete Pumping Holdings, Inc. reported a decline in revenue and net income for both the fourth quarter and the full fiscal year 2025, primarily due to a slowdown in residential and commercial construction demand amid high interest rates and macroeconomic challenges [5][10][12]. Financial Results Summary - **Fourth Quarter Fiscal Year 2025**: - Revenue was $108.8 million, down from $111.5 million in the same quarter of fiscal year 2024, a decrease of 2.4% [5][6]. - Gross profit decreased to $43.3 million from $46.2 million, with a gross margin decline to 39.8% from 41.5% [6][7]. - Net income was $5.3 million, down from $9.4 million, resulting in diluted earnings per share of $0.09 compared to $0.16 [8][12]. - Adjusted EBITDA was $30.7 million, down from $33.7 million, with an adjusted EBITDA margin of 28.2% compared to 30.2% [9]. - **Fiscal Year 2025**: - Total revenue was $392.9 million, a decrease from $425.9 million in fiscal year 2024, representing a decline of 7.7% [10][12]. - Gross profit for the year was $151.1 million, down from $165.8 million, with a gross margin of 38.5% compared to 38.9% [10][11]. - Net income for the year was $6.4 million, down from $16.2 million, with diluted earnings per share of $0.09 compared to $0.26 [12]. - Adjusted EBITDA for the year was $97.0 million, down from $112.1 million, with an adjusted EBITDA margin of 24.7% compared to 26.3% [12]. Segment Performance - **U.S. Concrete Pumping**: - Fourth quarter revenue was $72.2 million, down from $74.5 million, with net income decreasing to $1.1 million from $3.8 million [14]. - Fiscal year revenue was $260.5 million, down from $291.0 million, resulting in a net loss of $1.9 million compared to a net income of $6.5 million [15]. - **U.S. Concrete Waste Management Services**: - Fourth quarter revenue increased by 8% to $21.3 million, with net income of $3.0 million compared to $3.9 million in the prior year [16]. - Fiscal year revenue increased by 6% to $75.4 million, with net income rising to $5.9 million from $5.5 million [18]. - **U.K. Operations**: - Fourth quarter revenue was $15.3 million, down from $17.1 million, with net income decreasing to $1.2 million from $1.7 million [19]. - Fiscal year revenue was $57.0 million, down from $64.0 million, with net income of $2.4 million compared to $4.2 million [20]. Management Commentary - The CEO highlighted the company's resilience and adaptability in a challenging macroeconomic environment, emphasizing the importance of cost management and operational flexibility [4]. The company aims to generate strong free cash flow and is considering selective share repurchases or targeted acquisitions for future growth [4]. Liquidity and Capital Expenditures - As of October 31, 2025, the company had $425.0 million in debt, with net debt of $380.6 million and total available liquidity of $359.5 million [13]. - The company plans to accelerate approximately $22.0 million in capital equipment investments into fiscal year 2026 due to upcoming stricter emissions laws [22][23]. Fiscal Year 2026 Outlook - The company expects fiscal year 2026 revenue to range between $390.0 million to $410.0 million, with adjusted EBITDA projected between $90.0 million to $100.0 million, and free cash flow to be at least $40.0 million [21].

Core Viewpoint - Concrete Pumping Holdings, Inc. (CPH) will hold a conference call on January 13, 2026, to discuss its financial results for Q4 and the fiscal year ending October 31, 2025 [1]. Group 1: Conference Call Details - The conference call will be hosted by CEO Bruce Young and CFO Iain Humphries, followed by a Q&A session [2]. - The call is scheduled for January 13, 2026, at 5:00 p.m. Eastern Time, with a toll-free dial-in number of 1-877-407-9039 and an international number of 1-201-689-8470 [2]. - Participants are advised to call 5-10 minutes prior to the start time for registration [2]. Group 2: Replay Information - The conference call will be broadcast live and available for replay on the company's website after 8:00 p.m. Eastern Time on the same day, through January 20, 2026 [3]. - The toll-free replay number is 1-844-512-2921, and the international replay number is 1-412-317-6671 [3]. Group 3: Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands such as Brundage-Bone, Camfaud, and Eco-Pan [3]. - The company operates approximately 95 branch locations across 23 states in the U.S. and 35 branch locations in the U.K. for concrete pumping services, along with 23 operating locations in the U.S. and one in the U.K. for waste management services [3].

Core Insights - Concrete Pumping Holdings, Inc. has completed the acquisition of C.G.A. Concrete Pumping Ltd., marking a significant step in its international expansion strategy [1][2] - The acquisition aligns with the company's ongoing investment strategy and is expected to enhance its geographic footprint and business growth [3][4] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands [5] - The company operates approximately 95 branch locations across 23 states in the U.S. and 35 branch locations in the U.K., along with route-based waste management services from 23 locations in the U.S. and one in the U.K. [5] Strategic Importance of Acquisition - The acquisition of CGA is seen as a successful example of the company's M&A strategy, with a valuation consistent with its proven acquisition criteria [3] - CGA is recognized for its quality service and technical expertise, which will enhance the company's service offerings and growth potential in Southern Ireland [4][5]

Core Viewpoint - Concrete Pumping Holdings, Inc. reported a decline in revenue and net income for the third quarter of fiscal year 2025, primarily due to ongoing deferrals in commercial construction demand and softness in residential construction, exacerbated by high interest rates and adverse weather conditions [4][6][9]. Financial Results - Revenue for Q3 FY 2025 was $103.7 million, down from $109.6 million in Q3 FY 2024, representing a decrease of 5.4% [4][10]. - Gross profit decreased to $40.4 million from $44.5 million, with a gross margin decline of 160 basis points to 39.0% [5][10]. - Net income fell to $3.7 million, compared to $7.6 million in the prior year, with net income attributable to common shareholders at $3.3 million, or $0.07 per diluted share [6][10]. - Adjusted EBITDA was $26.8 million, down from $31.6 million, with an adjusted EBITDA margin of 25.8%, compared to 28.8% in the prior year [7][10]. Segment Performance - U.S. Concrete Pumping revenue was $69.3 million, a decrease of 7.9% from $75.2 million in the prior year, with net income dropping to $1.6 million from $5.0 million [9][34]. - U.S. Concrete Waste Management Services saw a revenue increase of 4% to $19.3 million, driven by organic volume growth and pricing improvements [11][34]. - U.K. Operations revenue decreased to $15.1 million from $15.9 million, with a 10% decline when excluding foreign currency translation effects [12][34]. Liquidity and Debt - As of July 31, 2025, the company had outstanding debt of $425.0 million and net debt of $384.0 million, with total available liquidity of $358.0 million [8][10]. Fiscal Year 2025 Outlook - The company expects FY 2025 revenue to range between $380.0 million to $390.0 million, with adjusted EBITDA projected between $95.0 million to $100.0 million, and free cash flow around $45.0 million [13].

Core Viewpoint - Concrete Pumping Holdings, Inc. (CPH) will hold a conference call on September 4, 2025, to discuss its financial results for the third quarter ended July 31, 2025 [1][2] Company Overview - CPH is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands: Brundage-Bone in the U.S., Camfaud in the U.K., and Eco-Pan for waste management [3] - The company operates approximately 90 branch locations across 22 states in the U.S. and 35 branch locations in the U.K. for concrete pumping services, along with 21 operating locations in the U.S. and one in the U.K. for route-based concrete waste management services [3] Conference Call Details - The conference call will be hosted by CEO Bruce Young and CFO Iain Humphries, followed by a Q&A session [2] - Participants can join the call using the toll-free number 1-877-407-9039 or the international number 1-201-689-8470, with a conference ID of 13755065 [2] - A live broadcast of the conference call will be available, and a replay will be accessible after 8:00 p.m. Eastern Time on the same day through September 11, 2025 [3]

Core Viewpoint - Concrete Pumping Holdings, Inc. (CPH) will hold a conference call on June 5, 2025, to discuss its financial results for the second quarter ended April 30, 2025 [1][2]. Company Overview - CPH is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands: Brundage-Bone in the U.S., Camfaud in the U.K., and Eco-Pan for waste management [3]. - The company operates approximately 90 branch locations across 22 states in the U.S. and 35 branch locations in the U.K. as of January 31, 2025 [3]. - CPH's services aim to deliver labor cost savings, shorten concrete placement times, enhance worksite safety, and improve construction quality [3]. Conference Call Details - The conference call will be hosted by CEO Bruce Young and CFO Iain Humphries, followed by a Q&A session [2]. - The call is scheduled for June 5, 2025, at 5:00 p.m. Eastern Time, with dial-in numbers provided for both toll-free and international participants [2]. - A replay of the conference call will be available after 8:00 p.m. Eastern Time on the same day through June 12, 2025 [3].