Sees EPS $17.20-$18.80; capex $140M-$160M; effective tax rate 26%. Key Assumptions: Steel cost assumptions are aligned with futures markets as of February 14, 2025. Based on the Company’s understanding of the recently announced China tariffs, and the steel and aluminum import tariffs introduced on February 10, 2025, these direct impacts have been factored into the 2025 outlook. The potential timing and impact of additional U.S. import tariffs, including a proposed 25% tariff on all imports from Mexico and Canada, as well as retaliatory actions by other countries, remains unclear and are not included in the 2025 outlook.
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