Peter Englert's questions to Everus Construction Group (ECG) leadership • Q2 2025
Question
Peter Englert of Wolfe Research inquired about the drivers behind the quarter's gross margin efficiency gains, asking to what extent they were attributable to prefab investments versus project execution or mix, and about the sustainability of these gains.
Answer
President, CEO & Director Jeffrey Thiede explained that prefab investments are a key factor in efficiency gains, improving safety, production, and project schedules, which also helps secure new work. He confirmed ongoing investment in prefab capabilities. Thiede also credited strong project planning, procurement, and field execution as crucial contributors to margin performance, stating that while margin uplift isn't always forecastable, it remains a constant operational goal.