The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Elizabeth Johnston - Laurentian Bank Securities, Inc., Research Division - Analyst
: Just in terms of the acquisition, just a follow-up question to that, the one in Scotland which you already talked about. In terms of those customers
that you're going to be taking on, do you think there's an opportunity to grow volumes with those existing customers? Or is it more so expansion
volumes in that market? What do you see as the greatest opportunity there?
Question: Elizabeth Johnston - Laurentian Bank Securities, Inc., Research Division - Analyst
: Okay. And just in terms of that market specifically, you mentioned that you're going to be transferring some of the limited equipment into your
plant in Cupar. So would -- when it comes to what mix of acquisition of these tuck-ins is attractive, do you expect that the idea will be to acquire a
similar kind of company and merge it with your existing operations to leverage the fixed costs? Is that basically the strategy we should be like
expecting?
Question: Elizabeth Johnston - Laurentian Bank Securities, Inc., Research Division - Analyst
: Okay. Great. And just a follow-up on the U.K. You mentioned in your prepared remarks, Kristie, about margin in the U.K. being impacted by commodity
costs and made reference to timing of that. Just trying to get a sense of looking at the second half of 2019 in the U.K., specifically on EBITDA margin,
if we should expect a similar kind of headwind.
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Question: Elizabeth Johnston - Laurentian Bank Securities, Inc., Research Division - Analyst
: Just in terms of CapEx, I see in the quarter there was about negative $5 million in the purchase of PP&E. I'm assuming some of that is related to
payments on existing contracts. So for the second half, if we were to assume another $2.5 million, would that be in the right range?
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