L.B. Foster at Sidoti conference: margins rise as growth bets expand
On September 23rd, Gibraltar Industries held a virtual conference with Sidoti & Company to discuss their evolving business. CEO Bill Bosway explained the company is simplifying its portfolio and focusing more on building products despite challenges in that market segment. The integration of OmniMax is advancing, with synergies exceeding expectations.
A national retail supply agreement covering 630 locations is set to start generating revenue later this year. Building products now account for 83% of Gibraltar's revenue, up from other segments like agtech and infrastructure. Despite weak demand, Gibraltar remains optimistic about opportunities in the $9 billion market and is preparing plans for various 2027 scenarios.
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