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: Michael Shlisky - D.A. Davidson. - Analyst
: Yes, hi there. Good morning. Thanks for taking my question. Wanted to start off if you're in with.Your comments were about one of the drivers of
growth or better trends in 25 sounds like infrastructure. If you're expecting to see some growth in infrastructure in 2025 the Shyft group, would it
be fair to say that from what you know that Abby Schmidt will be growing its overall business, as fast or faster than Shyft Group, given their, greater
focus on infrastructure in their mix.
Question: Michael Shlisky - D.A. Davidson. - Analyst
: Okay. Also, I just want to talk about the FBS margin, results in the quarter. Pretty good swing there. We're talking, 1,415 points from a negative to
a positive, over the prior year in the fourth quarter. How sustainable is that like 11% even margin run rate at $110 million of sales, is that on the
curve of where FDS is currently, running?
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FEBRUARY 20, 2025 / 1:30PM, SHYF.OQ - Q4 2024 Shyft Group Inc Earnings Call
Question: Michael Shlisky - D.A. Davidson. - Analyst
: Got it. Maybe 11 last one for me. It's a topic, yeah. Oh, I have one other question. Oh, go ahead. Oh, sure. I just want to ask about tariff. Yeah, I wanted
to ask you a little bit about. What should we think about at this stage as far as tariffs? I know it's still a bit of a fluid situation, but there are some
aluminum tariffs out there. Do you have surcharges planned or any other potential changes to your pricing and are there still kind of There's some
kind of more flexible pricing arrangement as the tariff situation changes here in the first part of 25, the money pact your business.
Question: Tyler DiMatteo - BTIG - Analyst
: Hey guys, morning. Thanks for taking the questions. I appreciate the time. Wanted to follow up on the outlook for this year. Yeah, I, wanted to
follow up real quick on the outlook here. I know the comments surrounding seasonality in the I guess what's maybe the magnitude of that? I mean,
is it going to be similar to past? I know you'rnd of pe kiointed to that, hey, low single digit even and then 70% in the back half of the year. I guess
I'm just curious, the degree of the seasonality, and then I have a follow up.
Question: Tyler DiMatteo - BTIG - Analyst
: Got it. Thank you. And then my follow up here, really surrounding maybe the the service work and the outfitting pieces of business versus the core
product, if you will. I guess in terms of the service piece and the infrastructure, I guess as that. I guess how has the the approach to kind of service
work from from you guys and maybe going to customers, how has that strategy evolved as you go to win, orders? I I know obviously from a
profitability perspective you guys have done a really nice job of keeping that margin profile, but I guess from a, if you think about your strategy
and kind of how is that evolved over time, and I guess maybe how much is it the same? How do you kind of think about that going in terms of
2025?
Question: Tyler DiMatteo - BTIG - Analyst
: Awesome. Thanks, guys. I appreciate the time. I'll turn it back to the queue.
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