QXO - Beacon Roofing Supply Acquisition Should Sustainably Boost Results!

Business Driver: QXO Holdings (QXO) has established a strong market position as a wholesaler in the construction materials segment, partly due to the approximately $11 billion acquisition of Beacon Roofing Supply, and is particularly well-positioned in the roofing, waterproofing, and construction products sectors. Mid-term, QXO aims for a total revenue of around $50 billion over the next ten years, primarily through further acquisitions to achieve this ambitious goal. In addition to traditional construction material sales, QXO also offers digital...