Big River Group Investor Day Overview

Big River Group (ASX:BRI) presented its growth strategy and rebranding as Big River Group at the Investor Day in Brisbane on 10th October 2024. The company highlighted its experienced executive team, solid market position, diversified product mix, strong history of growth, and large addressable market. With a focus on safety, people, and operational efficiencies, Big River Group aims to become the leading trade supplier and achieve long-term financial ambitions.

Executive Commentary on Growth Strategy and Rebranding

John Lorente, CEO and Managing Director of Big River Group, emphasized the company's commitment to delivering growth above the addressable market by expanding in growth segments and developing differentiated offers in both Panels and Construction divisions. He also highlighted the pursuit of further M&A opportunities that are EBIT accretive and add expanded capability to the Group. The rebranding under one Big River aims to align the company's culture, vision, and values, representing a significant step in the company's development.

Summary of Big River Group's Growth Strategy and Outlook

Big River Group (ASX:BRI) outlined its growth strategy, emphasizing its position as a leading supplier in key sub-segments of the building products market with differentiated offers. The company is set to expand in growth segments, pursue further M&A opportunities, and deliver growth above the addressable market. With a focus on safety, people, and operational efficiencies, Big River Group aims to achieve sustainable revenue growth, improve gross profit margins, and maintain a strong balance sheet. The rebranding as Big River Group and alignment of systems and processes across key functions are expected to deliver further synergies and efficiencies, positioning the company for ongoing growth in large attractive markets.