struction Partners(US:ROAD)2025-05-13 11:00Company Overview - Construction Partners Inc is an asphalt-centered infrastructure company focused on the Sunbelt region[4, 5] - The company has a proven strategy of focusing on asphalt-led infrastructure projects in local markets with recurring revenue sources[13] - CPI has completed and integrated 36 acquisitions since its IPO in May 2018, expanding operations into eight states[5] Financial Performance and Outlook - FY24 Revenue was $1.82 billion[32] - FY24 Adjusted EBITDA was $221 million, with an Adjusted EBITDA Margin of 12.1%[30, 32, 65] - Q2 FY25 Revenue increased by 54% to $572 million compared to $371 million in Q2 FY24[35] - Q2 FY25 Adjusted EBITDA increased by 130% to $69 million compared to $30 million in Q2 FY24[38] - The company projects FY25 Revenue to be between $2.77 billion and $2.83 billion, representing a 55% midpoint growth[43] - The company projects FY25 Adjusted EBITDA to be between $410 million and $430 million, representing a 96% midpoint growth, with an Adjusted EBITDA Margin between 14.8% and 15.2%[46]