Core Insights - Full-year net sales increased by 8.1% driven by both organic and inorganic growth [1] - The company achieved a 140 basis point increase in its full-year adjusted EBITDA margin, reaching 10% [1] Infrastructure Solutions - Solid demand for asphalt and concrete plant sales was observed in the fourth quarter, although this was offset by a decline in mobile paving and forestry equipment [1] - Segment sales for Infrastructure Solutions were $223.6 million compared to $248.8 million in the prior year [1] Material Solutions - The Material Solutions segment experienced a late-year recovery, supported by healthy state budgets and emerging demand from data center construction projects [1] Strategic Initiatives - Management identified the growth of the recurring aftermarket parts business as a top priority [1] - The company is actively unifying its brand identity by integrating legacy TerraSource brands under the Astec logo to enhance market presence and cross-selling opportunities [1] Backlog and Sales Composition - Backlog grew by 22.5% year-over-year to $514 million, supported by a consolidated book-to-bill ratio of 116% and stabilization of dealer inventory levels [1] - The recurring parts and service business now accounts for approximately 30.7% of total net sales [1]