Investor Relations

Message from our CEO

Over the last decade, CMC has reshaped both our business and our industry, achieving a remarkable track record of enhanced financial results and value generation for our shareholders. I am confident that there is much more to come. We are undertaking another transformation with the aim to sustainably increase our margins, earnings levels, and cash flow profile. This will be driven by attaining a new level of excellence across our organization, successfully bringing to market our exciting organic growth projects, and prudently executing on value accretive acquisitions. I believe CMC has tremendous opportunity ahead of us, and we would welcome you along for the journey

Starting from a position of strength

• CMC is a leader in each of its major end markets, with #1 or #2 positions across most of its product and solutions offerings
• Strong service culture that consistently achieves industry leading customer service
• Leader in game changing innovation that drives major progress, including product inventions and successful adoptions of world-first technologies
• Density within high-growth Sunbelt region

The drive for excellence

• Executing on an enterprise-wide program to drive excellence across all commercial, operational, and corporate functions
• Aim is to deliver sustainably higher margins, increased earnings and cash flow levels, and to accelerate top-line growth
• Successful execution could bring a step-change improvement to return on invested capital
• CMC’s Transform, Advance, and Grow (TAG) excellence program drove $50 million in EBITDA benefits during fiscal 2025, its first full year of execution. Looking ahead, much bigger results are expected. The Company is confident it can exit fiscal 2026 achieving a run-rate annualized EBITDA benefit of approximately $150 million

Successful start-up of attractive organic projects

• CMC has established a major new growth platform within the $30 billion precast concrete market through its acquisitions of Concrete Pipe & Precast and Foley Products Company
• The acquisitions transform CMC’s financial profile and create the third largest precast supplier in the United States and a leader in the Mid-Atlantic and Southeastern regions
• Approximately one-third of CMC’s pro-forma segment EBITDA will be contributed by non-steel early-stage construction solutions featuring stronger and less volatile margins and cash flow
• Growth beyond steel within the $150 billion early-stage construction market strengthens our existing businesses and expands CMC’s commercial portfolio in a way that creates value for our customers