Mattr (MATR) ripped 27% on its Q1 print, which beat big on record results out of the fiberglass storage tank business - driving composite segment margins to a multi-year high.

That momentum should continue, with the company securing a $20M+ Flexpipe order in Q2 - prompting a ~10% bump to management’s EBITDA guide…

… which earned the stock a full turn of multiple expansion, with MATR shares now trading two turns above the five-year average.

Without a negative catalyst, it’s likely to stay up there - with management signalling a restart of the buyback program…

… now that they have more comfort around US tariffs.

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