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Can Comfort Systems Capitalize on Healthcare Construction Growth?
ZACKS· 2025-06-25 15:41
Core Insights - Comfort Systems USA (FIX) is expanding its presence in healthcare construction, which is expected to see steady long-term demand due to demographic shifts and infrastructure needs [1][4] - Healthcare now represents approximately 10% of Comfort Systems' overall business, with real growth in project value and activity levels [2][11] - The company is well-positioned to capture healthcare-related contracts due to its skilled labor force and national scale [3][11] Company Performance - In Q1 2025, institutional markets, including healthcare, accounted for 24% of total revenues, supported by strong customer demand and large projects [3][11] - Comfort Systems' stock has increased by 48.5% over the past three months, outperforming the industry and S&P 500 [12] - Earnings estimates for 2025 and 2026 have increased by 3.8% and 1.8%, respectively, indicating year-over-year growth of 32.1% and 5.8% [16] Industry Trends - Other companies like EMCOR Group and Jacobs Solutions are also capitalizing on the growing healthcare construction market [5] - EMCOR reported a 10.2% revenue growth in Q1 2025, with healthcare-related obligations reaching $1.5 billion, up 38% year over year [6][7] - Jacobs has a backlog of $22.16 billion, up 20% year over year, driven by strong project wins in healthcare infrastructure [9]
Assystem: Combined General Meeting of 23 May 2025 - Voting results and dividend for financial year 2024
Globenewswire· 2025-05-23 16:00
Combined General Meeting of 23 May 2025Voting results and dividend for financial year 2024 Paris-La Défense, on 23 May 2025, 6.00 p.m (CET) – Assystem S.A. (ISIN: FR0000074148 – ASY), confirms that its Combined General Meeting was held today, at the Centre de conférences Etoile Saint Honoré located at 21-25 rue Balzac, 75008 Paris, chaired by Mr. Dominique Louis, Chairman and CEO. The quorum was 85.417% and the General Meeting approved all resolutions submitted to vote except for the fourth resolution (App ...
Bowman Secures Contract for ATEC Parkway Development in The Aurora Highlands, CO
Globenewswire· 2025-05-20 11:30
Win supports organic growth of Denver Metro transportation and water resources portfolioRESTON, Va., May 20, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, has been awarded a $1.3 million contract from the Aerotropolis Area Coordination Metropolitan District (the “District”) for the design and development of ATEC Parkway, a two-mile roadway in The Aurora Highlands, located in Aurora, Colorado. Under the contract, Bowman is d ...
Assystem: Information available concerning the Annual General Meeting to be held on 23 May 2025
Globenewswire· 2025-05-02 15:35
INFORMATION AVAILABLE CONCERNING THE ANNUAL GENERAL MEETING TO BE HELD ON 23 MAY 2025 Paris, on 2 May 2025, Assystem S.A. (ISIN : FR0000074148 – ASY), invites its shareholders to attend its Annual General Meeting to be held on 23 May 2025 at 9:30 a.m, at the Centre de Conférences Etoile Saint Honoré, 21-25, rue Balzac, 75008 Paris. The prior convening notice was published in the BALO (Bulletin des Annonces Légales Obligatoires) on 16 April 2025 and includes the agenda, the draft resolutions and details on ...
ASSYSTEM : First-quarter 2025 consolidated revenue
Globenewswire· 2025-04-30 15:35
First-quarter 2025 consolidated revenue: €166.3m (up 7.8%) Organic growth: 3.5% vs Q1 20242024 dividend payment calendar Paris La Défense, 30 April 2025, 5.35 p.m. (CEST) – The Board of Directors of Assystem S.A. (ISIN: FR0000074148 - ASY), an international engineering group, is today announcing its consolidated revenue for the three months ended 31 March 2025 (first-quarter 2025). First-quarter 2025 consolidated revenue and year-on-year changes vs 2024 (unaudited) In millions of eurosQ1 2024Q1 2025% change ...