Key Points – Suncrete posted strong Q1 growth, with revenue up 64% year over year to $61.8 million and adjusted EBITDA up about 20% to $10.9 million.
The company also increased ready-mix volume by 58%, though it still reported a $1.7 million net loss. – Management is pursuing an acquisition-led expansion strategy across the Sun Belt, highlighted by the recent purchases of Hope Concrete and Nelson Bros
Ready Mix. Suncrete said the deals expand its footprint in Texas and Louisiana and expects them to add $25 million to $35 million in forward EBITDA. – Suncrete issued upbeat 2026 guidance and sees a deep acquisition pipeline, forecasting revenue of $420 million to $480 million and adjusted EBITDA of $71 million to $96 million. Executives said the company has strong cash access and low leverage, giving it room to keep consolidating a fragmented ready-mix market.
Suncrete (NASDAQ:RMIX) reported sharply higher first-quarter revenue in its first earnings call as a public company, while management outlined an acquisition-driven growth strategy aimed at expanding its ready-mix concrete platform across the Sun Belt. Chief Executive Officer Randall Edgar said the company’s April listing on the Nasdaq under the ticker RMIX marked “a significant milestone” for the Tulsa-based ready-mix concrete producer. Suncrete operates across Oklahoma, Arkansas, Texas and Louisiana and is seeking to expand in fast-growing construction markets across the southern United States.