Bird Construction Inc. · TSX:BDT

Bird Construction — Investor Day (October 2024)

83 slides from Bird Construction's investor day presentation, Oct 9, 2024

  1. Slide 1: 2024 Investor Day: Executing as One Bird 2025-2027 Strategic Plan

    2024 Investor Day Executing as One Bird: 2025-2027 Strategic Plan October 9, 2024 2024 Investor Day

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains forward-looking statements and information (“forward-looking statements”) within the meaning of applicable Canadian securities laws. The forward- looking statements contained in this presentation are based on the expectations, estimates and projections of manage

  3. Slide 3: Disclaimer: Terminology and non-GAAP & other financial measures

    Disclaimer “Backlog” is a term representing the total value of all contracts awarded to the Company, less the total value of work completed on these contracts as of the date of the most recently completed quarter. The Company’s Backlog equates to the Company’s remaining performance obligations as di

  4. Slide 4: Bird Overview & Strategic Direction

    FLAGGED FOR DESIGNER SUPPORT Bird Overview & Strategic Direction Teri McKibbon, President & CEO

  5. Slide 5: Welcome

    Welcome Land acknowledgement In the spirit of reconciliation, we wish to acknowledge that the Indigenous peoples are the traditional stewards of the lands and waters where each of us attends this session. We recognize that the Indigenous landscape of Canada is broad and encompasses many First Nation

  6. Slide 6: Agenda

    Agenda 9:00 AM 9:40 AM 11:00 AM Bird’s Overview Market Outlook & Financial Targets & Insights & Strategic Direction Operations Insights Wayne Gingrich, Chief Financial Officer Teri McKibbon, President & Chief Executive Officer Infrastructure 11:20 AM Denis Bigioni, EVP, Powering Our People Infrastru

  7. Slide 7: At-a-glance

    TSX: BDT at-a-glance A leading collaborative construction and maintenance $3.1B $84M company operating from coast-to-coast-to-coast Revenue TTM Net Income Jun. 30, 2024 TTM Q2 2024 Toronto, ON $3.4B $3.7B Calgary, AB Backlog2 Pending Headquarters Jun. 30, 2024 Backlog2 Jun. 30, 2024 $1.43B1 Market c

  8. Slide 8: Company Overview & Strategic Direction: Key messages

    Company Overview & Strategic Direction Key messages 1. 2. 3. 4. Building on a Enhancing Bird’s Expanding into Introducing 2025-2027 foundation of industry-leading talent strategic market financial targets operational and capabilities, sectors and targeted enabled by One Bird excellence and safe rein

  9. Slide 9: Executive Leadership Team

    Executive Leadership Team Today’s speakers Driving success to achieve our strategic targets Teri McKibbon President & Chief Executive Officer Executive and corporate leaders Wayne Gingrich Gilles Royer Brian Henry Charles Caza Rick Begg Chief Financial Chief Operating Chief People EVP & General Chie

  10. Slide 10: One Bird Growth Strategy

    One Bird Growth Strategy 2025-2027 Strategic Plan development process 60+ Extensive research to support Strategic Plan facilitation days 1 year Collaboration of planning & across Canada development 75+ Regular cadence of reviews by Board of Directors contributors 2024 Investor Day 10

  11. Slide 11: Introducing the 2025-2027 One Bird Growth Strategy

    Introducing the 2025-2027 One Bird Growth Strategy Strategic pillars driving long-term profitable growth A safe, engaged, Disciplined, collaborative, Profitable and accretive high-performing One Bird team data-driven operational growth, financial flexibility, and that are partners of choice in excel

  12. Slide 12: Strong Execution of 2022-2024 Strategic Plan

    Strong Execution of 2022-2024 Strategic Plan Where we were Where we are today 2022-2024 targets 2024 Infrastructure Buildings Industrial Infrastructure Buildings Industrial Diversify revenue 16% 43% 41% 9% 42% 49% streams 2024F 2024F 2024F $3.0B 6% 3 $3.5B1 ~6%1 3 Revenue Adj. EBITDA Acquisitions Re

  13. Slide 13: Strong Foundation with Risk Balanced, Diverse Backlog Mix

    Strong Foundation with Risk Balanced, Highly Collaborative, Diverse Backlog Mix Future performance supported by combined backlog with accretive embedded margins ~75% collaborative delivery models in $900 Backlog and Pending Backlog $1,100 Benefits of collaborative delivery models in millions of Cana

  14. Slide 14: Where Bird's Going: 2025-2027 Plan

    Where Bird’s Going: 2025-2027 Plan Financial targets 10% +/- 2% Revenue distribution Organic revenue By region By sector growth CAGR1 West East Public Private 8% Adjusted EBITDA Margin for full-year 20272 50% 50% 50% 50% 33% Dividend payout ratio of net income 1With 2025 receiving an additional 5% g

  15. Slide 15: Achieving the 2025-2027 Strategic Plan: Strategic expansion into major & new markets

    Achieving the 2025-2027 Strategic Plan Strategic expansion into major & new markets Balanced revenue mix – 2027 26% 37% 37% Infrastructure Buildings Industrial Strategic end market opportunities Strategic end market opportunities Strategic end market opportunities • Expanding capabilities in BC and

  16. Slide 16: Achieving the 2025-2027 Strategic Plan: Large capital investment projects

    Achieving the 2025-2027 Strategic Plan Strategic participation on large capital investment projects (LCIPs) Positive revenue impact of LCIPs to drive growth $5.2 30% $4.8 $4.4 $4.0 $3.6 20% $3.2 $2.8 $2.4 $2.0 10% $1.6 $1.2 $0.8 $0.4 $- 0% 2021 3 2022 4 2023 5 2024F 6 1 2025F 7 1 2026F 8 1 2027F 9 1

  17. Slide 17: Company Overview & Strategic Direction: Key takeaways

    Company Overview & Strategic Direction Key takeaways 1. 2. 3. 4. Building on a Enhancing Bird’s Expanding into Introducing 2025-2027 foundation of industry-leading talent strategic market financial targets enabled operational excellence and capabilities, sectors and targeted by One Bird growth and s

  18. Slide 18: Powering Our People

    FLAGGED FOR DESIGNER SUPPORT Powering Our People Core to Our Success: One Bird Brian Henry, Chief People Officer

  19. Slide 19: Powering Our People: Key messages

    Powering Our People Key messages 1. 2. 3. 4. Building on Bird’s Showcasing a Continuing to advance a Highlighting Bird’s collaborative cultural progressive, highly culture of learning competitive advantages journey that drives engaged employee rooted in operational through strategic, results to attr

  20. Slide 20: Bird's Cultural Journey

    Bird’s Cultural Journey Driving results with a collaborative One Bird culture Stronger One Building Together Bird Capacity All brands united by an Highly engaged employees Increased awareness of Bird’s aligned culture rooted in empowered by a shared purpose combined service offerings and collaborati

  21. Slide 21: Bird's Purpose & Values

    Bird’s Purpose & Values We bring life to vision – Creating great things with you We put We We are We are We safety first lead with honesty stronger together driven to do create opportunity A healthy and safe We speak and act with Success is a team effort. great work Rooted in a solid work environmen

  22. Slide 22: Highlights of Bird's Engagement Journey

    Highlights of Bird’s Engagement Journey Highly engaged employee experience driving a One Bird approach to execution Health, Safety & Environment1 Indigenous Relations1 >$850,000 total community > 13,000 > 10.5M 0 0 investment spend2 Toolbox Talks Total internal Lost-time Fatalities work hours incide

  23. Slide 23: Delivering a Culture of Learning

    Delivering a Culture of Learning Accelerating organizational capacity to deliver results “The supportive and collaborative culture, opportunities for growth, and more “ Bird has given me great opportunities to continue my development as a make it an exceptional field leader.1 environment.1 National,

  24. Slide 24: Strategically Recruiting Best-in-Class Talent

    Strategically Recruiting Best-in-Class Talent Building a collaborative, high-performing One Bird team One Bird recruitment strategy Attracting top talent to achieve Strategic Plan targets Attract top-tier Exhibit best-in- 100% talent to Bird class recruitment growth in National Campus Program1 behav

  25. Slide 25: Powering Our People: Key takeaways

    Powering Our People Key takeaways 1. 2. 3. 4. Building on Bird’s Showcasing a Continuing to advance a Highlighting our collaborative cultural progressive, highly culture of learning competitive advantages journey that drives engaged employee rooted in operational results to attract, experience roote

  26. Slide 26: Executing as One Bird: Strategic Focus & Value Drivers

    Executing as One Bird Strategic Focus & Value Drivers Gilles Royer, Chief Operating Officer

  27. Slide 27: Executing as One Bird: Key messages

    Executing as One Bird: Strategic Focus & Value Drivers Key messages 1. 2. 3. 4. Harnessing Bird’s Driving future growth Executing focused Continuing to deep-rooted culture by leveraging One strategic priorities in execute with a of operational Bird’s extensive key market sectors One Bird approach ex

  28. Slide 28: Executing Growth Through Operational Excellence

    Executing Growth Through Operational Excellence Disciplined & strategic Continued focus Growing, diverse revenue growth on margin accretion combined backlog • Strong organic revenue growth • Minimal exposure to high-risk • 2024 Q2 Backlog $3.4B, within a wide range of sectors lump sum turn-key proje

  29. Slide 29: Driving Future Growth Through Key Strategies

    Driving Future Growth Through Key Strategies Collaborative, Key sectors driving Elevated accretive growth strategic growth sustainability profile • Leverage self-perform Infrastructure • Delivering energy transition capabilities and cross-selling • Transportation: rail, horizontal, projects and sust

  30. Slide 30: Spotlight: Strategic Focus on Energy Transition Markets

    Spotlight: Strategic Focus on Energy Transition Markets Proven experience and capabilities to support Canada’s energy transition Clean power generation Power distribution & Low-carbon & green Critical, rare & Transportation, electrified systems infrastructure solutions battery minerals manufacturing

  31. Slide 31: Clean Power Generation

    Clean Power Generation Total addressable market: $3B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Dynamic, fast-growing market • National footprint with appropriate scale t

  32. Slide 32: Nuclear

    Nuclear Total addressable market: $9B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Expansive nuclear market with • Certified Nuclear Quality extensive potential for growth

  33. Slide 33: Maximizing Value & Achieving Growth as One Bird

    Maximizing Value & Achieving Growth as One Bird Leveraging a disciplined, collaborative approach to deliver value Internal collaboration External collaboration • Disciplined project selection Collaborative contracting across business units • 75% collaborative delivery • Aligned and comprehensive mod

  34. Slide 34: Executing as One Bird: Key takeaways

    Executing as One Bird: Strategic Focus & Value Drivers Key takeaways 1. 2. 3. 4. Harnessing Bird’s Driving future growth Executing focused Continuing to deep-rooted culture by leveraging One strategic priorities in execute with a of operational Bird’s extensive key market sectors to One Bird approac

  35. Slide 35: Infrastructure: Market Outlook & Operations Insights

    FLAGGED FOR DESIGNER SUPPORT Infrastructure Market Outlook & Operations Insights Denis Bigioni, EVP Infrastructure East

  36. Slide 36: Infrastructure: Key messages

    Infrastructure Key messages 1. 2. 3. 4. Building on historic Leveraging Attracting, engaging, Driving a infrastructure extensive expertise and retaining the collaborative, One experience and self-perform appropriate talent Bird approach to facilitated by capabilities with the technical accelerate ac

  37. Slide 37: Infrastructure Business Snapshot

    Infrastructure Business Snapshot Bird has extensive civil and structural construction capabilities vital for infrastructure projects, with a proven history of delivering civil infrastructure across Canada’s power, mining, transportation, and utilities markets for both public and private sector clien

  38. Slide 38: Attractive & Growing Addressable Market

    Attractive & Growing Addressable Market ~$120B annual total addressable market in Canadian civil infrastructure1 Bird-specific 2025 to 2027 end markets of interest Transportation: Rail Transportation: Roads ~$15-20B ~$35B Annual market size1 Annual market size1 Transportation: Airports Mining ~$3B ~

  39. Slide 39: Transportation: Rail

    Transportation: Rail Total addressable market: $15-20B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Responding to infrastructure • Extensive civil and structural deficit an

  40. Slide 40: Transportation: Roads

    Transportation: Roads Total addressable market: $35B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Responding to infrastructure • Diversified infrastructure deficit and agin

  41. Slide 41: Transportation: Airports

    Transportation: Airports Total addressable market: $3B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Spatial and scheduling • Full suite of self-perform capabilities complex

  42. Slide 42: Mining

    Mining Total addressable market: $12B-$18B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Mining essential to global • Hard rock mining, mass earthmoving, energy transition t

  43. Slide 43: Infrastructure: Key takeaways

    Infrastructure Key takeaways 1. 2. 3. 4. Building on historic Leveraging extensive Attracting, engaging, Driving a infrastructure expertise and self- and retaining the collaborative, One experience facilitated perform capabilities appropriate talent Bird approach to by acquisitional to capitalize on

  44. Slide 44: Buildings: Market Outlook & Operations Insights

    Buildings Market Outlook & Operations Insights Paul Bergman, EVP Buildings East

  45. Slide 45: Buildings: Key messages

    Buildings Key messages 1. 2. 3. 4. Building on a Improving project Balancing portfolio Generating ongoing foundation of margins through by broadening into profitability and delivering excellence operational high-value, high- continued margin accross established excellence, talent margin markets expa

  46. Slide 46: Buildings Business Snapshot

    Buildings Business Snapshot A leading, national provider of general contracting services to the public infrastructure and private sectors, Buildings focuses on innovation, technology, and sustainability to help its clients create design-focused buildings that are operationally efficient and built to

  47. Slide 47: Attractive & Growing Addressable Market

    Attractive & Growing Addressable Market ~$72B annual total addressable market in strategic end-markets1 Bird-specific 2025 to 2027 end markets of interest Manufacturing Data Centers Healthcare ~$38B ~$15B ~$10B Annual market size1 Annual market size1 Annual market size1 Critical Housing/LTC Defence

  48. Slide 48: Data Centers

    Data Centers Total addressable market: $15B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Sophisticated market with • Cross-divisional service offerings advanced quality, sa

  49. Slide 49: Manufacturing

    Manufacturing Total addressable market: $38B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Expansive market segments • Deep technical experience with spanning a variety of h

  50. Slide 50: Healthcare

    Healthcare Total addressable market: $10B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • 10-15% national population • In-house technical and engineering growth over 10 years,

  51. Slide 51: Buildings: Key takeaways

    Buildings Key takeaways 1. 2. 3. 4. Building on a Improving project Balancing portfolio Generating ongoing foundation of margins through by broadening into profitability and delivering excellence operational high-value, high- continued margin with established excellence, talent margin markets expans

  52. Slide 52: Industrial: Market Outlook & Operations Insights

    Industrial Market Outlook & Operations Insights Tannis Proulx, EVP, Industrial West & Major Projects

  53. Slide 53: Industrial: Key messages

    Industrial Key messages 1. 2. 3. 4. Highly sought-after Consistently Broadening Leverage the One partner of fully executing with geographically Bird approach to integrated services excellence to and diversifying deliver the best the across project deliver exceptional services to company has to offer

  54. Slide 54: Industrial Business Snapshot

    Industrial Business Snapshot A national construction and maintenance provider serving diverse markets including oil, gas (LNG), and chemicals and mineral processing, as well as clean power generation (nuclear and renewables) and environmentally-driven markets (water, wastewater, RNG). With the abili

  55. Slide 55: Attractive & Growing Addressable Market

    Attractive & Growing Addressable Market ~$67B annual total addressable market in strategic end-markets1 Oil & Gas ~$40B Annual market size1 Chemical ~$9B Annual market size1 Minerals Processing ~$18B Annual market size1 1 Annual market size based on Bird’s market assessment Strong margins combined w

  56. Slide 56: Oil

    Oil Total addressable market: $26B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Continued market stability with • Proven, long-term partnerships ongoing investment to suppo

  57. Slide 57: Gas

    Gas Total addressable market: $14B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Stable markets with continued • Key partner in largest gas project in investment for growth

  58. Slide 58: Chemicals & Mineral Processing

    Chemicals & Mineral Processing Total addressable market: $27B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Growth and expansion of end- • Proven expertise in processing mar

  59. Slide 59: Industrial: Key takeaways

    Industrial Key takeaways 1. 2. 3. 4. Highly sought-after Consistently Broadening Leverage the One partner of fully executing with geographically and Bird approach to integrated services excellence to deliver diversifying deliver the best the across project exceptional value to services to maximize c

  60. Slide 60: Maintenance, Repairs & Operations (MRO) and Commercial Systems & Utilities (CSU)

    FLAGGED FOR DESIGNER SUPPORT Maintenance, Repairs & Operations (MRO) and Commercial Systems & Utilities (CSU) Market Outlook & Operations David Keep, EVP, MRO & CSU

  61. Slide 61: MRO & CSU: Key messages

    MRO & CSU Key messages 1. 2. 3. 4. A leader in Driving a culture Providing One Bird Enabling future industrial deeply rooted in execution profitability by maintenance and safety and experience with leveraging strong electrification operational multi-discipline client relationships markets where exce

  62. Slide 62: Supporting Canada's Electrification Journey

    Supporting Canada’s Electrification Journey Supporting client’s electrification journey as a one-stop shop for integrated, self-perform solutions for Maintenance, Repairs and Operations (MRO), and commercial systems and utilities (CSU) services across all construction sectors. Workforce of 17% 11% 2

  63. Slide 63: Attractive & Growing Addressable Market

    Attractive & Growing Addressable Market ~$25B-$30B annual total addressable market in strategic end markets1 Bird-specific 2025 to 2027 end markets of interest Maintenance ~$10B Annual market size1 Commercial Systems & Utilities ~$15B-$20B Annual market size1 1 Annual market size based on Bird’s mar

  64. Slide 64: Industrial Maintenance

    Industrial Maintenance Total addressable market: ~$10B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Low-risk contract models • Provide self-perform, • Geographically divers

  65. Slide 65: Commercial Systems & Utilities

    Commercial Systems & Utilities Total addressable market: ~$15-$20B annually1 Strategic end market Why Bird wins: Differentiated Recent examples of large-scale, opportunities capabilities & solutions complex, and highly-technical projects • Expansive sector reach and • Ability to respond to increased

  66. Slide 66: MRO & CSU: Key takeaways

    MRO & CSU Key takeaways 1. 2. 3. 4. A leader in Driving a culture Providing One Bird Enabling future industrial deeply rooted in execution profitability by maintenance and safety and experience with leveraging strong electrification operational multi-discipline client relationships markets where exc

  67. Slide 67: Financial Insights: Overview & Long-Term Outlook

    Financial Insights Overview & Long-Term Outlook Wayne Gingrich, Chief Financial Officer

  68. Slide 68: Financial Insights: Key messages

    Financial Insights Key messages 1. 2. 3. 4. Leveraging strength Building on strong Generating Introducing 2025 to of unique, resilient track record of operating cash 2027 financial business model financial flows and targets focused on to win in any market performance driven disciplined capital deliv

  69. Slide 69: 3-Year Historical Financial Performance

    3-Year Historical Financial Performance Significant progress made with long runway for growth ahead Revenue ($M) Adjusted EBITDA1 ($M) & Margin1 (%) Earnings Per Share (EPS) $250 16% ~ $3,485 ~$206 8.5% CAGR2 24% ~$1.97 CAGR2 35% $200 $2,799 7.5% CAGR2 $2,369 $139 ~6.0% $1.33 6.5% $150 $101 5.0% 5.5

  70. Slide 70: Delivering Significant Value to Shareholders

    Delivering Significant Value to Shareholders Indexed Total Shareholder Return (TSR) vs. TSX SEP 2024 Ranked 7th on TSX30TM; added to S&P/TSX Since 20221 Composite Index DEC 2023 Announced 30.3% JAN 2024 Announced ~195% JAN 2023 monthly dividend acquisition of Total Shareholder Return Announced incre

  71. Slide 71: Key Priorities as CFO

    WIP: to be discussed / further developed Key Priorities Key as CFO Financial Priorities 1 2 3 4 5 Support profitable Drive disciplined Leverage Maintain a strong Sustain diversified revenue growth capital allocation technology and balance sheet and and risk-balanced and margin with clear future data

  72. Slide 72: Leveraging Technology as a Strategic Advantage

    Leveraging Technology as a Strategic Advantage One common platform • Drive operational excellence through common ERP system and project management suite • ~85% of company transitioned + One common data set • Common platform with large data pool enables greater knowledge and talent sharing across div

  73. Slide 73: Robust Cash Flow Supports Value Creation

    Robust Cash Flow Supports Value Creation Cash flows from operations1 ($M) Return on equity2 Continuing to drive strong cash generation 25% 12% • Strong, sustainable business model CAGR3 ~$203 ~33.0% CAGR3 • Capital efficiency $144 27.1% o Low CAPEX requirements at $114 ~1.5% of revenue 18.9% o Worki

  74. Slide 74: Disciplined Capital Allocation Strategy

    Disciplined Capital Allocation Strategy Uses of capital Future priorities: 2025-2027 (2022-2024) Internal Investments • Investing in project-related equipment 26% • Advancing efficiency and productivity of technology 37% Acquisitions ~$300M • Completed 3 transactions since 2022, adding $0.4B in annu

  75. Slide 75: Clear & Strategic Approach to M&A

    Clear & Strategic Approach to M&A 1. Achieves sector and geographic growth 4. Cross-selling or synergies 2. Cultural fit/leadership retention 5. Strong end market outlook Strategic 3. Enhances presence and capabilities in 6. New/enhanced long-term existing geography clients and partnerships filters

  76. Slide 76: M&A Scorecard: Track Record of Successful Integrations

    M&A Scorecard: Track Record of Successful Integrations Close date Aug 2024 Jan 2024 Feb 2023 Sept 2021 Sept 2020 Purchase price ($M) $135 $11 $7 $32 $96 Buildings, Overview Infrastructure Industrial (MRO) Utilities Infrastructure Industrial (MRO) Strategic filters Sector and geographical growth Enha

  77. Slide 77: Strong Balance Sheet & Liquidity to Support Growth

    Strong Balance Sheet & Liquidity to Support Growth Summary balance sheet Well-positioned for future growth (As of June 30, 2024) • Committed Syndicated Credit Facility Cash & Cash Equivalents $102M matures in December 2027 Total Loans and Borrowing $148M • Syndicated Credit Facility includes Shareho

  78. Slide 78: Our 2025-2027 Long-Term Targets: Revenue

    Our 2025-2027 Long-Term Targets Revenue ($M) Drivers Targets 12% Expected growth ~5% CAGR1 ~$4.8B across our businesses: contribution from full-year of Jacob Bros in 2025 • Infrastructure Above market growth 10% $3,485 2 • Buildings organic growth (+/- 2%) In-line with market growth for 2025-2027 $2

  79. Slide 79: Our 2025-2027 Long-Term Targets: Adjusted EBITDA Margin

    Our 2025-2027 Long-Term Targets Adjusted EBITDA Margin Drivers Targets 8.0% • Higher embedded margins in combined backlog ~0.4% margin accretion from full-year • Structural cost reductions of Jacob Bros in 2025 through scalable operational ~6.0%1 excellence, automation, and 8.0% technology adjusted

  80. Slide 80: Financial Insights: Key takeaways

    Financial Insights Key takeaways 1. 2. 3. 4. Leveraging strength Building on strong Generating operating Introducing 2025 to of unique, resilient track record of cash flows and 2027 financial business model financial performance disciplined capital targets focused on to win in any market driven by O

  81. Slide 81: Closing Remarks

    Closing Remarks Teri McKibbon, President & CEO

  82. Slide 82: Key Takeaways and Financial Targets 2025-2027

    Key Takeaways Financial Targets 2025-2027 1. Building on a foundation of operational excellence and safe execution, resulting in considerable 10% +/- 2% Organic revenue growth and sustained momentum during 2022- growth CAGR range1 2024 Strategic Plan period 8% 2. Enhancing Bird’s industry-leading ta

  83. Slide 83: Q&A

    Q&A

Bird Construction — Investor Day (October 2024) on 6ix