Q1 2022 & FY 2021 Results
FRAMEWORK
WITH A DISCIPLINED APPROACH TO ACQUISITION
AND GROWTH INVESTMENTS
• Increase market share
1
Increase presence in existing markets
• Vertical integration
2
Increase productivity
3 Enter new markets
Value-added products
STRATEGIC PRIORIZATION AND EVALUATION OF ALTERNATIVES
Cement opportunities
Aggregates
• Efficient investment strategy
Expand and scale capacity
in a disciplined manner
Improve distribution network utilization
opportunities with
vertical integration
⚫ Continue successful U.S. expansion
⚫ Focus on synergistic contiguous markets
Ready-mix
opportunities with
vertical integration
4 Value accretive M&A
Analyze opportunities that generate
shareholder value
Apply successful experience in integrating
acquisitions to add synergies
Seek out
Odessa
Case
by case
Rapid
City
Standalone aggregates
and ready-mix
Distracts
from core
OK/AR
R.M.
sold
Trident
TX
Aggr.
TX/NM
R.M.
Attractiveness
(ROI, size, affordability)
+
GCC
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