Paris, 26 February 2026 PRESS RELEASE Very robust 2025 results and free cash flow at a record level Group sales, as published, stable at €56.9bn, including exchange rate effects of around -€580m in 2025, of which around -€560m in the second half. Significant increase in current operating profit from activities (COPA) to €2,655m (up €120m year-on-year), exceeding the Group’s targets.Net profit attributable to the Group rose to €1,138m (up €80m year-on-year) despite the exceptional income tax surcharge for la ...

Key Takeaways MasTec's earnings are projected to rise 34.7% year over year to $1.94 per share in Q4.MTZ expects growth from Power Delivery and Pipeline, offset by softer Clean Energy sales.MasTec's backlog is pegged at $16.86B, up from $14.30B a year ago.MasTec, Inc. (MTZ) is scheduled to report fourth-quarter 2025 results on Feb. 26, after the closing bell.In the last reported quarter, its earnings and revenues surpassed the Zacks Consensus Estimate by 7.4% and 1.6%, respectively. Also, on a year-over-year ...

●兵团日报全媒体记者 段若冰 常驻记者 张明娟 2月10日清晨，北新路桥集团承建的云南省长龙高速公路项目施工现场机器轰鸣，建设者们抢抓工期、 全力推进工程建设。作为十一师疆外冬季施工的重点项目之一，工程现场39名管理人员与120余名建设 者各司其职、有序作业，在低温环境下科学组织、压茬推进，掀起新春建设热潮。 盘龙段施工现场，测量、校准、复核等工序紧密衔接。技术人员严格把控精度标准，桥梁桩基施工同步 优化调整。钢筋加工、设备运转、现场指挥协同配合，各环节衔接顺畅，为全年建设开好局、起好步夯 实基础。 截至目前，该项目整体建设完成25.96%，隧道工程完成77.65%，桩基、墩柱等分项工程稳步推进，累 计完成产值约6.4亿元，工程质量验收一次合格率保持在95%以上。围绕3月底前完成1号预制梁场验收 节点目标，项目部提前部署人员返岗和物资保障工作，确保节后施工无缝衔接、持续发力。 在四川省绵阳市北川羌族自治县擂鼓镇，兵团建工市政交通集团承建的浩呈生物特色中羌药材精深加工 项目建设同样有序推进。施工现场塔吊林立，工序衔接紧凑。项目总造价9400万元，管理人员和建设工 人坚守岗位，加快厂房及配套设施建设。 围绕降本增 ...

In this article, we will look at the 12 Cheap NASDAQ Stocks To Buy in 2026.​The NASDAQ Composite Index has fallen more than 2.5% year-to-date, driven by stock rotation, a software sell-off, geopolitical tensions, and other factors. To talk about the state of the markets, Tom Lee from Fundstrat appeared on a CNBC Television interview on February 19. Lee expects the S&P 500 will hit 7,300 in the near-term. He noted that the stock market has taken some recent hits from the rotation away from the “Mag Seven”, s ...

Key Takeaways PWR delivered record Q4 2025 results, with EPS up 7.5% and revenues rising 19.7% year over year.Electric Infrastructure revenue jumped to $6.43B on strong utility and load-center demand.Backlog hit a record $43.98B, with 2026 revenue guided to $33.25B-$33.75B.Quanta Services, Inc. (PWR) reported record fourth-quarter 2025 results, driven by robust demand in its Electric Infrastructure Solutions segment and contributions from recent acquisitions. Strong execution and expanding backlog supported ...

Core Insights - Cardinal Infrastructure Group, Inc. has acquired A.L. Grading Contractors, expanding its operations into Georgia, which aligns with its growth strategy in the Southeast [1] - The acquisition is expected to be immediately accretive, enhancing Cardinal's financial profile and margin guidance for 2026 [1] Strategic Highlights - A.L. Grading Contractors is a market leader in site development solutions, with an annual revenue of $160 million and an Adjusted EBITDA margin of 26.3% [1] - The acquisition allows Cardinal to leverage ALGC's strong customer relationships and operational capabilities to drive growth [1] - Cardinal's total consideration for the acquisition is $245.5 million, financed through a combination of credit facility extension, equity issuance, and cash [1] Preliminary Estimated Operating Results for 2025 - Cardinal anticipates a record backlog of $678.3 million to $685.7 million, reflecting approximately 33% growth compared to 2024 [1] - Projected full-year revenue for 2025 is estimated to be between $452.3 million and $459.7 million, indicating a growth of about 45% from 2024 [1] 2026 Consolidated Guidance - Cardinal expects an Adjusted EBITDA margin of at least 20% for the year ending December 31, 2026 [1] - Revenue guidance for 2026 is projected to be between $664.9 million and $678.3 million [1] Management Commentary - The CEO of Cardinal expressed enthusiasm about the acquisition, highlighting the cultural alignment and leadership of ALGC as key factors for future collaboration and innovation [1]

Core Insights - Sterling Infrastructure, Inc. (STRL) has achieved significant margin expansion in its Transportation Solutions segment, shifting from a volume-driven model to one focused on disciplined project selection and higher-margin technical expertise [1][2] Financial Performance - Transportation Solutions segment revenues increased by 10% year over year, with adjusted operating profit rising by 40% and adjusted operating margins expanding by 335 basis points to 15.6% [1] - The segment ended the quarter with a backlog of $733 million, reflecting a 23% year-over-year increase [1] Strategic Transition - The ongoing wind-down of the low-bid heavy-highway business in Texas is identified as a key driver of margin improvement, with expectations of enhanced profitability as lower-margin projects are completed by the first half of 2026 [2] - Standardized processes and disciplined cost controls are helping to limit rework and schedule overruns, allowing for revenue scaling while expanding margins [2] Future Outlook - Sterling anticipates Transportation margins to remain structurally higher, forecasting operating margins of 13.5%-14% for 2025, up from 9.6% in 2024 [3] - The company expects continued growth in core markets and more than two years of backlog visibility, positioning the segment for stable and profitable growth [3][4] Competitive Landscape - Sterling operates in a competitive infrastructure construction market alongside larger firms such as MasTec, Inc. and EMCOR Group, Inc. [5] - MasTec's Pipeline Infrastructure segment has shown sequential EBITDA margin growth of 390 basis points to 15.4%, indicating potential for continued margin improvements [6] - EMCOR is a leading provider in electrical and mechanical construction, with significant exposure to mission-critical facilities [7] Stock Performance - STRL shares have gained 54.6% over the past six months, outperforming the Zacks Engineering - R and D Services industry, the broader Construction sector, and the S&P 500 Index [8] Earnings Estimates - STRL's earnings estimates for 2026 have increased to $12.21 from $11.95 per share, indicating a year-over-year growth of 16.8% [10] - Current earnings estimates for the current quarter and next quarter are $2.66 and $2.15, respectively, with the current year estimate at $10.45 [11] Valuation - STRL stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 36.71, which is a premium compared to its industry peers [12]

Core Insights - Skanska, in a joint venture with California Engineering Contractors, has secured a $534 million contract for the rehabilitation of the Vincent Thomas Bridge in Los Angeles, with Skanska's share amounting to $320 million [2][6]. Project Details - The project involves replacing the existing bridge deck, installing new expansion joints, and integrating corrosion-protection systems, aimed at increasing load capacity, enhancing safety, and reducing long-term maintenance [3][4]. - Additional work includes replacing bridge railings, fences, and median barriers, while a proposal to raise the bridge's height by 26 feet was rejected [4]. Background Information - The Vincent Thomas Bridge, built in 1963, has been in service for 60 years and is structurally sound, but its deck is deteriorating due to concrete fatigue from heavy traffic and environmental factors [5]. - The total estimated cost for the replacement project is approximately $706 million, as per Caltrans [2]. Industry Context - Skanska's recent focus on infrastructure construction in the U.S. has been profitable, with the civil construction market and the data center industry contributing significantly to its success [6]. - The company emphasizes a selective strategy in pursuing projects where it has a competitive advantage and strong client relationships [7]. Timeline - Construction on the Vincent Thomas Bridge is set to begin in March, with the bridge expected to open for the 2028 Summer Olympics in Los Angeles and full construction completion anticipated by March 2029 [7].

Core Insights - Federal construction work is expected to resume following recent government shutdowns, with AECOM anticipating increased federal award activity in the second and third quarters of 2026 [1][2] Federal Construction Market - AECOM reported that federal award activity slowed during a 43-day shutdown at the end of 2025, but demand remained, with work accumulating as agencies awaited clarity [2] - Over half of the $1.2 trillion Infrastructure Investment and Jobs Act funding is still unspent, indicating significant opportunities in the federal construction market [3] Federal Funding and Transportation - The passage of key federal funding bills for fiscal 2026 has provided greater certainty for clients, accelerating progress in multiyear surface transportation authorization [4] - An extension of the transportation construction cycle is expected, which includes roadway work and environmental services [4][5] State and Municipal Budgets - State and municipal construction budgets are healthier than anticipated, particularly in large markets like California, Florida, and Texas, supported by improved tax revenue projections for fiscal 2025 [6] Program Management Demand - Demand for program management services is expected to grow faster than traditional design work as multiyear capital programs become available [7] - AECOM aims to expand its advisory and program management offerings, targeting these services to account for approximately half of its business [7]

Group 1: Investor Sentiment and Options Activity - Investors have taken a bullish stance on MasTec (NYSE:MTZ), with a notable presence of large trades indicating potential insider knowledge [1] - The sentiment among big-money traders is 75% bullish and 25% bearish, with a total of $355,000 in puts and $197,542 in calls identified [2] - Uncommon options trades for MasTec have been spotted, suggesting significant market interest [1][2] Group 2: Price Movements and Trading Trends - Major market movers are focusing on a price band between $155.0 and $250.0 for MasTec over the last three months [3] - An analysis of volume and open interest reveals key insights into liquidity and interest levels for MasTec's options within the specified strike price range [4] Group 3: Company Overview and Market Position - MasTec is a leading infrastructure construction company in North America, involved in various sectors including communications, oil and gas, and renewable energy [5] - Current trading volume for MasTec stands at 381,853, with the stock price at $240.13, reflecting a 5.64% increase [8] - Analysts have set an average price target of $272.67 for MasTec, with individual targets ranging from $260 to $284 [7][10]