Investor Presentaiton
Execution Against Three-Point Strategic Plan
ORION
Orion is capitalizing on industry dynamics and refocusing the business on high-margin services
and projects
1 Achieved Profitability
•
.
•
in the Concrete
Segment
Achieved GAAP profitability
in Q323
Focused business in core
markets of Dallas and
Houston; exited
unprofitable Central
TX market
Implemented disciplined
processes, changed
leadership, added rigor in
project delivery
2 Significant Contract
Wins - Improved
•
Business
Development
$435M contract to build
dry-dock in Pearl Harbor,
HI
$120M contract to build
dry-dock in Grand
Bahamas shipyard
Building client
relationships instead of
only responding to bids
Strong industry tailwinds:
Infrastructure Bill; Port
expansions; U.S. Navy
buildout of Pacific
facilities; Louisiana Coast
3 Investment and
Resources
Secured $103M ABL credit
•
facility; monetized $25M of
•
Attracted great talent to
•
non-core assets
enhance business
development and growth
Future investments:
⚫ dredge
infrastructure
equipment
。 data analytics
• geographic
expansion through
M&A
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