Peter Englert's questions to Everus Construction Group Inc (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 tied to prefab investments versus project execution, and about the sustainability of these gains.
Answer
CEO Jeffrey Thiede attributed the gains to multiple factors. He highlighted that prefab investments are a key contributor to safety, production, and scheduling, which helps win work and improve execution. He also credited disciplined planning, procurement, and field execution by their teams. While the company always strives for margin uplift, he noted it cannot always be forecasted.