At first glance, it is a classic industrial enterprise - a manufacturer of components for the construction industry, where growth is usually measured in units of percentages. But something else is happening here. A company that for many years operated in a relatively inconspicuous segment is becoming an example of how to turn a conservative manufacturer into a technologically and financially attractive profit machine.

The market is beginning to perceive it differently. After years of being part of a "boring" industry, it is moving into a growth phase - with a better cost structure, higher profitability and a growing share of key markets. For investors, this marks an interesting turnaround: a title long overlooked is becoming one of the best-managed players in the North American construction segment.

The improvement in performance is no accident. Management has managed to combine several strategic trends - sustainability, commercial renovation and demand for acoustic systems - to create a…