Q3 2022 Earnings Presentation slide image

Q3 2022 Earnings Presentation

1 Construction Volume in Key End Markets Expected to Grow Vast Market Opportunity U.S. Architectural Glass Market Mix 37% $32.1BN 52% At Q3'22 11% ■Building and construction glass ■Sheet Metal, Window & Door ■ Glass & Glazing Contractors I U.S. Market Size: $32.1bn TGLS U.S. Share: Top-5 ✓ Construction spending grew 10.9% YoY:(2) $1.6 bn $1.8 bn Annual Rate September'21 Annual Rate September'22 Expected healthy industry growth in nonresidential construction on strong economic recovery and high demand in office spaces, commercial projects and institutional buildings Repair & Remodel Exposure Q3'22 ABI (1) score for September at 51.7, the 20th consecutive month in expansion territory All regions continue to show a positive trend, with the highest reading in the Northeast at 54.6 (1), where we are currently focusing our efforts through new representatives and a new showroom in New York Stable market outlook through 2023 as private nonresidential and residential construction drives further demand for glass products 65% Total SF Residential Revenue $85.8 mm 35% R&R New Residential Slowdown in housing starts as mortgage rates continue to rise. However, approximately 65% of our single-family revenues are tied to remodel and renovation projects that are not highly sensitive to mortgage rate fluctuations Sources: 1. 2. The American Institute of Architects (AIA) reported the Architecture Billing Index September, 2022. U.S. Census Bureau
View entire presentation