John Belize's questions to Arcosa Inc (ACA) leadership • Q4 2024
Question
John Belize of D.A. Davidson inquired about customer reactions to potential barge price increases. He also asked for a comparison of the growth outlook for specialty materials versus aggregates and the reason for lower Q4 volumes in utility structures.
Answer
CEO Antonio Carrillo noted that tank barge customers are more concerned about future production capacity than price, leading to strong orders, while hopper barge customers are more price-sensitive. He expressed a bullish outlook for specialty materials, driven by infrastructure demand and a new plaster plant. He attributed the Q4 utility structures volume decline to normal volatility from product mix changes and minor border-related slowdowns.