Granite Construction Q1 Earnings Call Highlights

Granite expects Kenny Seng Construction to add about $150 million of annual revenue, with an “accreted Adjusted EBITDA Margin in the high teens,” according to Larkin. In the Q&A, Larkin said Granite views the business as a “specialty contractor of choice” in its market and outlined several areas where Granite expects to support growth, including scaling the materials business and sharing client relationships within and outside Utah. He also said the acquired company brings exposure to end markets such as ed ...

Granite Construction Q1 Earnings Call Highlights - Reportify