morning, our thank today. Good for call you joining and
first off solid and of year TopBuild business strength for with demonstrate our to in and ongoing drive to performance team's improve. quarter model line continue start expectations, was got our our a the to as Our results the
cover you will and in also release his guidance As saw XXXX, this outlook Rob our remarks. are raising for of our in morning, we which the remainder
The help on the one distribution you announcements.
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so the on ultimately us pursuing was receive and were to decided likely with the agree shareholders’ price unable we not would doing to sellers transaction best While that regulatory our have in interest. allowed further approval,
in As your and good allocation. will stewards of to we to our acquisitions disciplined very continue be approach capital, capital
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basis first productivity the coupled quarter, single-family year. in X.X% installation to month. sequentially pleased million. price our improved quarter, Turning drove XXX the now we're start to same with our rose business first a realization our to basis EBITDA branch margin and company billion to with of points XX.X%. expansion the sales each grew to adjusted $XXX.X Good in adjusted On EBITDA initiatives, $X.XX quarter, Total X.X%
fact, year-over-year In a very basis, on which in first single-family that more improved encouraging. was than a March year the is time
XXXX. single-family public reported, the healthy have builder's’ the As a expect for order environment you heard from being of and volumes we sentiment remainder
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in growth this Our proprietary organic lead the part is business. of app tool driving
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see, of you have both can As and we space across core M&A for lot organic insulation a our white business growth.
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prospects. of to acquisition have robust continue a We pipeline
yesterday Insulation national with fact, buildings. $XX million an acquire Arkansas-based we agreement to expertise in agricultural business a Works, In announced installation
of are annual revenue. excited this family companies We close million date and this in month. we've another transactions $XX TopBuild announced transaction the addition expect totaling X in to great later XXXX, to approximately to To have
a industry make turning of me couple our Let comments operations. before to
come We will several On Texas successfully this QX; anticipate of Knauf's capacity there will facility fiberglass the and material in at allocation. supply a which new facilities planned offset year. however, is likely production on downtime quite to new other continues fiberglass in online side, bit be maintenance any
touch feeling the impact our on of in distribution the mainly tight are Specialty Distribution which supply our volumes, We Rob his in situation business, will comments.
adoption spray in X announced tailwinds material have Recently the momentum hand, we given increases with or will of the all June are I suppliers fiberglass discuss July. later. other the code cost On foam seeing effective
any cost we expect place, may to that have as through inflation take work successfully demonstrated. consistently We
whose leveraging highly improved to I this on focus bottom knowledge team’s into team operations, expanded By quartile. last we're seasoned to a whose noted to our our able we experience, operators Moving performance. on Special and call, branches metrics XXXX. to fall opportunities in our as Ops is team small our is mission identify our of This drive
Mix talent. and is verticals business network. to on improved and now was What Special mid-teens sized focus profit to this this a bottom outcome? fabrication work our we management helped improve the and single This of our relocated made quartile of and The East and inventory digits sales Better were and focus opportunities The service taken on transfers levels.
Strategic performance. including business to decisions reduce profitability our to a was right reviewed geography XXXX, This productivity to as productivity quarter benefit improvements distribution the in work continues across service low Ops our new ongoing, for better facility regarding from has overhead. in was the this business Special business. Team Ops Ops actions operationally, that actioned around the in customers. Coast. our of is work improve on drive we larger saw locations Special one to drive Through our started the business and
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fit through diverse materials foam solution supply glass any of capability few. including insulating industries. from or jacketing fiberglass, aerogel the custom and variety is across many to required a covers insulation pipe name to like have just This accomplished products made mechanical a We
and are mechanical schedules. The installers. built and role several prescriptive, being to contractors with provide LNG along the standards business natural liquefied gas, a and plays industries often materials and fabricates facilities. cryogenic Many specific LNG using coast compress working U.S. and are humidity currently large with these coverings to custom very key the these on distribution environment in natural for Canada. industrial you're temperatures We're dealing for Our Mechanical high insulation gulf regulated gas. replacement a facilities,
than of X-X will Louisiana you XXX facility complete. to where over turbines give segments example pipeline mega are XX a me contain and The energy we storage throughout. LNG primary on in insulation. distributor acres an and take sit of massive tanks, The facility multiple of miles totaling multi-year years will Let a mechanical project more
more be will pipes X diameter. Some in feet than
modules and constructed off-site. being initial services included Our supplying scope products for fabrication
these to International across dollars from us million allowed multiple modules footprint national states. multiple pre-built over Our $XX in XXXX. supply in This represented facilities Distribution revenue
more progressed, of for an fire additional that focus management project on-site protection has dollars multi-phase $XX insulation sound and breadth include revenue.
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the revenue, they but As to time regard past, TopBuild's Distribution strengths. projects these to in over lumpy in we be Specialty may play mentioned
recurring a X revenue for plant-wide these projects vary from years, the we to this will so see replacement equipment for and addition, certain project XX every refurbishment to others. In cycles from months XX
of transition our the to discussing me business. Let future overall
revenue level, shortage, last States housing the the macro industry face growth. the underbuilding. the At the United differentiated to that across the that allow business will expanded profitable model commercial be should of and large recurring mega Whether North follow dynamics America. it projects years several next the will a or reach to in across come our online that decade few have a our continues continue result of We driving
strong So demand foreseeable fundamentally, we for expect be the to housing future.
TopBuild We and from announcements. also adoptions industry and for recent HUD tailwinds energy code the coming see
dynamics these any demand help energy for to expertise improve in to we All outperform our these confidence will relentless focus TopBuild Given years additional our environment. along with talent that fuels changing our business insulation-related, expect on come. all to drive and things code fuel changes in
fair congratulating Finally, that behalf thanking values Work recognized I'll our consecutive that a building Great demonstrates has This development, leadership close entire by and for ensures today career been entire team. remarks employee. provides employees. and team, year. my a our On workplace opportunities, supports TopBuild second the our to recognition of each Place you thank as we're TopBuild treatment to
have significant and success this drive, played commitment passion, again. role certification earning to in once Your a
the me to Rob. turn Let call over now
