Sabahat Khan

what you are seeing in the EOPs, obviously the input costs are a big factor in the farmer decisions.

are you finding that this is more of a structural shift in the outlook that the farmers on the ground have maybe because of some of the trade issues easing

leverage is at about 2.1x, just above your sort of targeted year-end range

what is the line of sight to sort of projects? Is it 6 months, 12 months? Is it multiple years?

Can you maybe just talk about is it a specific end market that's driving that?

walk us through kind of what's reflected in your guidance, what it would take to get to sort of closer to that higher end of the top line guide versus the lower end

The top line is trending well. I think the operating profit, at least on a run rate basis, is trending quite a bit above

is there a view that some of this IIJA funding also accelerates in there? It sounds like it all needs to be more or less allocated by next year

was that enough of a macro shock for some of your larger government customers that you deal with to start to think about maybe some level of stimulus spending

if across some of these end markets, you have seen some talk of reshoring related projects or initial discussions

what you're hearing from your customers, what's reflected in your backlog in terms of the sentiment

What are some of the initiatives that you've been able to execute on thus far from the time of the spin closing till now?

talk about kind of the -- kind of your focus on those regions? What drives you kind of to continue to be exposed there?

would you say that range also builds in some buffer for maybe administration change or just kind of seeing how things evolve

are you being pointed into direction of, look, these are customers that you previously weren’t pushing on price

Is it really just going to be on the environmental services side, kind of the magnitude of the event-driven volumes that really swing

How is the pipeline looking relative to kind of this year, obviously a big year this year

does that change the margin trajectory or the margin improvement journey you're on

how are your discussions on pricing for next year going -- not looking for guidance, but just the acceptance of price

Maybe if you could just start by commenting on maybe what you're seeing out there and maybe more cyclical parts of the overall business

comment on your outlook on 2025, the guidance metrics, any changes in the puts and takes on the top line or the margin guidance

I think we're looking for four to come online. I think two came online. Is that just the timing thing

how is the pricing sort of discussion with the clients going? Is there, you know, more pushback, less pushback at this point

Was this maybe a little bit of you waiting to see how the demand backdrop evolved? Or did something really inflect?

do you think the business or the industry needs some sort of a renewal to that IIJA program? Or is the industry just generally inflecting towards these larger mega projects

is there sort of an inflection point that you see in your business at which, look, larger projects are going to be stable at this space

Could we maybe revisit your sort of medium-term outlook for that business?

I guess what does the sort of the medium-term focus look like on the capital allocation front?

does this align more with a solid waste business where still made primarily a pricing driven? Just some comments on the long-term mix

would RINs and commodities maybe in a better position than we were a few months ago

Can you maybe give us some perspective on the industrial activity has been weak for some time

can you just talk about for '26, what you're sort of thinking on the pricing front, maybe some of the larger initiatives on the cost refinement

What are you seeing into Q3 and maybe your expectations for the back half of the year

can you just give us some of the puts and takes to get the EBITDA margin still back into that midpoint

Can you just maybe update us on where you are on the resi improvement journey and maybe how much might be left there

should we expect that to be the Q2 or Q3 to be the biggest quarter

If you can just maybe talk about how those discussions are going, how -- if there's more volume to shed

what's the underlying view on the macro for the rest of the year and maybe more specifically on some of the more industrial or cyclical volumes