Concrete Pumping Reports Stable Demand, Growth in EcoPan, and Cautious Outlook for Fiscal 2026 Amid Challenging Construction Environment

Concrete Pumping's Q4 revenue was $108.8mln, down from $111.5mln YoY, due to timing delays in commercial construction and softer residential demand. EcoPan revenue grew 8% to $21.3mln, while U.K. revenue declined to $15.3mln. Gross margin declined 170bps to 39.8%, and net income fell to $4.9mln from $9.0mln. Adjusted EBITDA was $30.7mln, down from $33.7mln. The company has $425mln of total debt and a net debt to adjusted EBITDA leverage ratio of about 1.1x.