Investor Presentaiton
Concrete Segment Overview
Improved project margin focus has laid the groundwork for future success
•
•
.
•
Overview
Provides turnkey concrete construction services including
place and finish, site work, layout, forming, rebar
Focusing on Dallas and Houston market; exiting low-margin
Central Texas market
New bidding strategy to focus on quality projects at strong
margins
Upgrading project management systems to drive higher
project visibility and standards
Light Commercial
Services include horizontally poured
concrete for large tilt walls, slabs,
foundations, paving, and sidewalks
·
Structural
Services include elevated concrete
pouring for products such as columns,
decking, elevated beams and structural
walls up to 45 stories
(1) Calculated over most recent 5-year period.
(2) As of December 31, 2022.
ORION
Concrete Revenue & Adj EBITDA Margin
($ in millions)
$409.1
$339.3
$321.8
$337.4
$315.9
2.1%
0.3%
1.0%
-1.2%
-2.1%
2019
2020
2021
2022
2023
Adj EBITDA Margin
Concrete Revenue
Concrete Revenue Backlog
$231.6
$236.9
$232.1
$213.1
($ in millions)
$159.7
2019
2020
2021
2022
2023
10View entire presentation