Concrete Pumping Holdings

Concrete Pumping Holdings, Inc. engages in the provision of concrete pumping services and concrete waste management solutions. It operates through the following segments: U.S. Concrete Pumping, U.K. Operations, U.S. Concrete Waste Management Services, and Corporate. The U.S. Concrete Pumping segment consists of concrete pumping services under the Brundage-Bone and Capital Pumping trade names. The U.K. Operations segment relates to the concrete pumping services and leasing of concrete pumping equipment to customers under the Camfaud Concrete Pumps and Premier Concrete Pumping trade names. The U.S. Concrete Waste Management Services consists of pans and containers rented to customers in the U.S. and the disposal of the concrete waste material services under the Eco-Pan trade name. The Corporate segment refers to the intercompany leasing of real estate to certain of the U.S Concrete Pumping branches. The company was founded in 1983 and is headquartered in Thornton, CO.

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Concrete Pumping Holdings reports record revenue growth and strategic outlook

Concrete Pumping Holdings delivered strong financial performance in 2022, marked by record revenue growth and profitability across key segments.
The company's focus on cost containment, strategic acquisitions, and market diversification positions it well for future growth and resilience.
While facing uncertainties in infrastructure bill impacts and market dynamics, Concrete Pumping Holdings maintains a strong liquidity position and strategic outlook for 2023.

Concrete Pumping Holdings (BBCP) reports solid Q1 performance and growth opportunities

Concrete Pumping Holdings (BBCP) delivered a strong Q1 2023 performance with revenue growth across all segments and an increase in adjusted EBITDA.
While facing challenges such as foreign exchange headwinds and debt levels, BBCP's liquidity position and share repurchase activities demonstrate financial stability and confidence.
Looking ahead, BBCP has opportunities to capitalize on its growth momentum, particularly in the U.S. pumping business and the Eco-Pan waste management segment.

Concrete Pumping Holdings (BBCP) reports 12% revenue growth in Q2 2023

Concrete Pumping Holdings (BBCP) delivered strong revenue growth across all segments in Q2 2023, supported by market share gains and acquisitions. While facing challenges in light commercial projects, the company remains optimistic about growth opportunities and maintains its fiscal year 2023 financial outlook. Strategic focus on shareholder value and growth strategy underpins confidence in future performance.

Concrete Pumping Holdings achieves record Q3 performance amidst challenges

Concrete Pumping Holdings (BBCP) delivered a strong performance in Q3 2023, marked by record revenue growth and financial improvements.
While facing challenges such as interest rate sensitivity and inflation, BBCP remains focused on reducing debt leverage and pursuing growth opportunities.
The company's outlook for fiscal year 2023 is positive, with a commitment to financial discipline, margin improvement, and shareholder value.
BBCP's strategic focus on market share gains, organic growth, and cost management positions it well for future success and sustainable growth.

Concrete Pumping Holdings (BBCP) achieves record performance amidst inflation challenges

Concrete Pumping Holdings (BBCP) delivered strong financial results in Q4 2023, showcasing revenue growth, improved profitability, and debt reduction achievements. While facing challenges like labor inflation and competitive pricing, the company remains focused on operational efficiency and strategic growth initiatives.

Concrete Pumping Holdings resilient amidst weather challenges, revises revenue guidance

Concrete Pumping Holdings navigated challenging weather conditions to achieve revenue growth driven by U.K. and Waste Management Services.
Despite a dip in gross margin and net loss, the company maintains a strong liquidity position and revised full-year guidance upwards.
The U.K. segment's robust performance and revised revenue outlook signal resilience and growth potential.
Management's focus on operational efficiency and strategic investments will be key to overcoming challenges and seizing opportunities.

Concrete Pumping Holdings reports stable Q2 performance amidst market challenges

Concrete Pumping Holdings (BBCP) navigated challenges in the U.S. pumping business while capitalizing on growth opportunities in infrastructure and residential sectors. Strategic focus on cost control and growth initiatives position the company for future success amidst market uncertainties.

Concrete Pumping Holdings (BBCP) reports Q3 revenue decline, eyes recovery

Concrete Pumping Holdings (BBCP) navigated revenue challenges with a focus on operational efficiency and strategic investments.
Despite lower commercial project volumes impacting guidance, the company remains optimistic about future recovery.
Management's emphasis on cost control, equipment utilization, and market trends underscores a proactive approach to growth.

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Concrete Pumping Holdings, Inc. engages in the provision of waste management solutions and services. It operates through the following business segments: U.S. Concrete Pumping, U.S. Concrete Waste Management Services, and the U.K. Operations. The U.S. Concrete Pumping segment includes services under the Brundage-Bone and Capital Pumping trade names. The U.S. Concrete Waste Management Services involves the pans and containers rented to customers and the disposal services under the Eco-Pan trade name. The U.K. Operations segment relates to the concrete pumping services and leasing of concrete pumping equipment to customers under the Camfaud Concrete Pumps and Premier Concrete Pumping trade names. The company was founded in 1983 and is headquartered in Thornton, CO.

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q3 2024 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Andy Wittmann - Baird Luke McFadden - William Blair Brent Thielman - D.A. Davidson Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Third Quarter ended July 31, 2024.

Concrete Pumping Holdings, Inc. (BBCP) Q3 2024 Earnings Call Transcript

Concrete Pumping (BBCP) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.

Concrete Pumping (BBCP) Misses Q3 Earnings and Revenue Estimates

DENVER, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Wednesday, September 4, 2024, at 5:00 p.m. Eastern Time to discuss its financial results for the third quarter ended July 31, 2024. The Company will report its financial results in a press release prior to the conference call.

Concrete Pumping Holdings Sets Third Quarter 2024 Earnings Conference Call for Wednesday, September 4, 2024

Concrete Pumping missed quarterly estimates due to commercial projects being on hold because of high interest rates. The company also experienced seasonal weather delays.

Why Concrete Pumping Stock Is Down Today

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q2 2024 Earnings Call Transcript June 6, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Luke McFadden - William Blair Stanley Elliott - Stifel, Nicolaus & Company Avi Jaroslawicz - UBS Securities Jean Ramirez - D.A. Davidson Steven Fisher - UBS Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Second Quarter Ended April 30, 2024.

Concrete Pumping Holdings, Inc. (BBCP) Q2 2024 Earnings Call Transcript

Concrete Pumping (BBCP) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.09 per share a year ago.

Concrete Pumping (BBCP) Q2 Earnings and Revenues Miss Estimates

DENVER, June 06, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the "Company" or "CPH"), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2024.

Concrete Pumping Holdings Reports Second Quarter Fiscal Year 2024 Results

DENVER, May 23, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, June 6, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended April 30, 2024. The Company will report its financial results in a press release prior to the conference call.

Concrete Pumping Holdings Sets Second Quarter 2024 Earnings Conference Call for Thursday, June 6, 2024

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q1 2024 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Andrew Wittmann - Robert W. Baird & Co. Jean Ramirez - D.A.

Concrete Pumping Holdings, Inc. (BBCP) Q1 2024 Earnings Call Transcript

Concrete Pumping (BBCP) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.11 per share a year ago.

Concrete Pumping (BBCP) Reports Q1 Loss, Lags Revenue Estimates

DENVER, March 07, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the first quarter ended January 31, 2024. First Quarter Fiscal Year 2024 Summary vs.

Concrete Pumping Holdings Reports First Quarter Fiscal Year 2024 Results

DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, March 7, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended January 31, 2024. The Company will report its financial results in a press release prior to the conference call.

Concrete Pumping Holdings Sets First Quarter 2024 Earnings Conference Call for Thursday, March 7, 2024

Concrete Pumping (BBCP) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.14 per share a year ago.

Concrete Pumping (BBCP) Q4 Earnings Match Estimates

Concrete Pumping Holdings, Inc. (BBCP) Q4 2023 Earnings Call Transcript

DENVER, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and fiscal year ended October 31, 2023.

Concrete Pumping Holdings Reports Strong Fourth Quarter and Fiscal Year 2023 Results, Provides Financial Outlook for Fiscal Year 2024

DENVER, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, January 11, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year ended October 31, 2023. The Company will report its financial results in a press release prior to the conference call.

Concrete Pumping Holdings Sets Fourth Quarter and Fiscal Year 2023 Earnings Conference Call for Thursday, January 11, 2024

Concrete Pumping Holdings, Inc. is well-positioned to benefit from government stimulus and potential interest rate cycle reversal, driving growth in commercial and infrastructure markets. The company has posted strong revenue growth, with increases in its U.S. Concrete Pumping, U.K. operations, and Eco-Pan segments. Margins are expected to improve due to operating leverage, price increases, focus on higher-margin projects, and an increasing mix of high-margin Eco-Pan business.

Concrete Pumping Holdings: A Potential Recovery In Construction Market Should Drive Shares Higher

DENVER, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., announced today that the Company's 13,017,677 warrants to acquire shares of its common stock expired in accordance with their terms as of 5:00 p.m. EST, on December 6, 2023. As a result of the expiration, the warrants will no longer be recognized as a liability on the Company's consolidated balance sheet and there are no other warrants outstanding.

Concrete Pumping Holdings Announces Expiration of its Public Warrants

BBCP is a construction services company specializing in concrete pumping and waste management. BBCP's Eco-Pan division has a consistent 40% EBITDA margin, 24% Net Income margin and 30% YoY sales growth. Under 8 dollars a share, BBCP would trade at roughly 11xFCF for 2023, very cheap relative to the sector and the geographic growth potential.

A Long-Term Pump: Buy Concrete Pumping

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q3 2023 Results Conference Call September 7, 2023 5:00 PM ET Company Participants Bruce Young - CEO Iain Humphries - CFO Cody Slach - External Director, IR Conference Call Participants Steven Fisher - UBS Sam Kusswurm - William Blair Andy Wittmann - Baird Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings' financial results for the third quarter ended July 31, 2023. Joining us today are Concrete Pumping Holdings' CEO, Bruce Young; CFO, Iain Humphries; and the Company's External Director of Investor Relations, Cody Slach.

Concrete Pumping Holdings, Inc. (BBCP) Q3 2023 Earnings Call Transcript

Concrete Pumping (BBCP) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.14 per share a year ago.

Concrete Pumping (BBCP) Tops Q3 Earnings and Revenue Estimates

DENVER, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the third quarter ended July 31, 2023.

Concrete Pumping Holdings Reports Strong Third Quarter 2023 Results

Concrete Pumping Holdings is expected to benefit from strong revenue growth driven by demand in commercial and infrastructure markets. The company has exhibited robust growth in recent quarters, with double-digit sales growth. The company's margin growth is expected to improve due to the stabilization of diesel prices and a higher proportion of high-margin commercial projects.

Concrete Pumping: Good Near-Term As Well As Long-Term Prospects

DENVER, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, September 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended July 31, 2023. The Company will report its financial results in a press release prior to the conference call.

Concrete Pumping Holdings Sets Third Quarter 2023 Earnings Conference Call for Thursday, September 7, 2023

Concrete Pumping Holdings reported Q2 FY23 revenue of $107.7 million, an 11.7% increase compared to Q2 FY22, driven by growth across all segments. Despite a slight decline in gross margins and net income, the company's financial performance remains impressive, with seven consecutive quarters of double-digit revenue growth. With an attractive valuation, solid growth trajectory, and positive price action, I assign a buy rating on BBCP.

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