Rising Debt Trend To MonitorAlthough absolute leverage is low, a persistent uptick in debt could gradually erode flexibility and raise interest exposure. Over a medium horizon, continued increases would constrain free cash flow allocation, limit strategic optionality, and heighten sensitivity to rising rates.
EPS Growth Lagging RevenueRevenue expansion materially outpaces EPS growth, implying that top-line gains are not fully converting to earnings. This could reflect margin pressure, rising operating costs, or one-off items. If persistent, it signals a need for tighter cost control to restore earnings leverage.
Cyclicality From Infrastructure ExposureThe business is concentrated in geosynthetics and civil-engineering textiles, making demand sensitive to government budgets and construction cycles. Such structural cyclicality can cause sustained revenue volatility and requires prudent planning across multi-quarter horizons.