GMS Investor Conference Presentation Deck
GMS is Well Positioned across Commercial and Residential
Markets with Scale and Balanced Product Mix
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Strategic Investments Position GMS for Near-Term Industry Dynamics & Long-Term Success
Opened 32 greenfield locations and completed 16 strategic acquisitions* since the start of fiscal 2020
to enhance customer service, drive growth in product offerings and improve efficiencies, all while
reducing our net debt leverage ratio from 3.6x at April 30, 2019 to 1.5x at July 31, 2023
Continuing to modernize and upgrade fleet, adding safety features to protect employees and customers
and for risk management benefits
Technology investments to automate work has led to increased productivity, making us better operators
Lowering complexity costs in the business
Industry Fundamentals Support Outlook
Continue to see near-term high levels of multi-family residential activity
While varying by region, we expect single-family demand levels to continue to improve from lows
experienced over the last ~8-12 months. We expect continued near-term YOY declines as we roll over
challenging comparisons, but we also expect those to improve over the balance of the fiscal year as our
current run rates and comments from some large builders continue to provide encouraging signs for the
single-family end market.
Solid activity levels in commercial (outside of office) are continuing
Favorable demographics in an underbuilt industry provides support for the medium- to long-term
GMS
GYPSUM MANAGEMENT & SUPPLY, INC. *Greenfield and acquisition totals are calculated since the start of fiscal 2020 through August 31, 2023.
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