Aegion Corporation (Nasdaq Global Select Market: AEGN) hosts its inaugural investor day event today in New York City with a comprehensive review of our technologies and services to execute a sustainable growth strategy centered on improving margins, earnings growth and improving return on invested capital.
J. Joseph Burgess, President and CEO, will detail Aegion’s growth strategy, the foundation of which utilizes our strong core competencies in wastewater pipe rehabilitation to form a diversified platform of technologies across energy and mining pipeline protection as well as commercial structures and water and wastewater pipeline rehabilitation. These platforms form a new foundation for the path forward to achieve our stated objective of 15 percent return on invested capital.
“2012 marks the beginning of Aegion as a diversified, growth and return-oriented company focused on the key areas of strong demand in markets within the energy, mining, and commercial infrastructure protection and rehabilitation industries,” Burgess said.
Our operating executives will detail to investors the advantages these technologies bring to the sizeable, global, and addressable markets for pipeline protection and rehabilitation in energy and mining applications and commercial rehabilitation of structures through a patented fiber-reinforced polymer technology, Fibrwrap ®.The investor day event will outline three key strategic imperatives to achieve our growth objectives in 2012 and beyond:
- Demonstrate consistency through strong execution in the North American Water and Wastewater business and international markets to maximize the conversion of earnings to cash.
- Expand the comprehensive suite of technologies in the Energy and Mining platform to targeted markets outside North America with sustainable capital expenditures and observable risk factors.
- Increase investment in the Commercial and Structural platform to accelerate the conversion from traditional rehabilitation methods to Fibrwrap ® and to open new markets through geographic expansion. Robust investment in innovation extends the patent life of existing technologies with the potential for new markets through new products.