Atco Ltd. Class I · TSX:ACO.X
Atco Ltd. Class I — Q2 2026 Earnings Presentation
15 slides from Atco Ltd. Class I's earnings presentation, Jul 29, 2026
Slide 1: Q2 2026 Earnings Call
Q2 2026 Earnings Call ATCO Ltd. July 29, 2026
Slide 2: Legal notice: Forward-looking information advisory
Legal notice Forward-looking information advisory Certain statements made by company representatives and information provided in this presentation may be considered forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate",
Slide 3: Legal notice: Non-GAAP and other financial measures
Legal notice Non-GAAP and other financial measures disclosure advisory This presentation contains various “total of segments measures” and “non-GAAP financial measures” (as such terms are defined in National Instrument 52-112 – Non-GAAP and Other Financial Measures Disclosure ("NI 52-112")). NI 52-1
Slide 4: Possibilities for generations
ATCO overview Possibilities for generations Our Expertise ATCO delivers space solutions using modular construction that Housing brings certainty to timelines and quality to every build. ATCO provides solutions across residential, commercial and industrial. A modern, customer-focused diversified ener
Slide 5: Opportunities in Canada's North
ATCO opportunities Opportunities in Canada’s North Landscape of large and growing opportunities Canada’s defence landscape in the Arctic Increased northern Existing threats and pressures in the North include: spending Bill C-5 • Heightened geopolitical risk and increased military threats. (Nation bu
Slide 6: ATCO's northern strategy
ATCO opportunities ATCO’s northern strategy ATCO Frontec has been a leader for nearly 40 years in North America’s Arctic operations. Frontec current operations in the North Geographically diversified footprint Operating 6 defence projects • Alaska Radar & North Warning Systems Defence • RP North, CF
Slide 7: ATCO Ltd. Q2 2026 Presentation
ATCO Ltd. Q2 2026 Presentation 7
Slide 8: Building momentum
ATCO Structures Building momentum $36M +13% $82M +17% Year-over-Year Year-over-Year Adjusted Growth Adjusted Growth Earnings1,2 EBITDA1,2 +27K +5% $896 +10% Global Space Year-over-Year Global Space Rentals Year-over-Year Growth Growth Rentals Fleet1 Average Rental Rate ($ per month)1 Note: Millions
Slide 9: Building out our next phase of growth
ATCO Structures Building out our next phase of growth Stibnite Gold Project • Executing $179M (CAD) contract. • Largest contract value in our operating history in the United States. • Agreement to develop and build a +1,000-person camp and office site. Stibnite Gold: Yellow Pine, ID • Located near Y
Slide 10: $249M in new contracts
ATCO Structures $249M in new contracts Canada $89M in contracts for space rental, workforce housing, and permanent modular construction solutions (comprised of 365 modular units) for: • Mining projects in Western Canada • Public infrastructure development in Central Canada • Housing in Northern Cana
Slide 11: Financial Highlights
Financial Highlights ATCO Ltd. Q2 2026 Presentation 11
Slide 12: Q2 2026 adjusted earnings waterfall
Financial highlights Q2 2026 adjusted earnings1 waterfall $3 $11 ($1) $114 $101 1 Q2 2025 1 Canadian Utilities Limited 2 Structures & Logistics 2 ATCO Investments 2 Q2 2026 Note: Millions of Canadian dollars. 1. Total of segments measure (as defined in NI 52-112). The most directly comparable measur
Slide 13: ATCO Consolidated Adjusted Earnings and segments
Financial highlights ATCO Consolidated Canadian Utilities Adjusted Earnings1 Adjusted Earnings1 (Contribution to ATCO) Cash Flow from $114 Operations $101 (Excludes Canadian Utilities) $74 $63 $122 Q2 2025 Q2 2026 Q2 2025 Q2 2026 ATCO Structures & Logistics ATCO Investments $72 Adjusted Earnings1 Ad
Slide 14: Closing remarks
Closing remarks Tackling the world's most urgent challenges underpinned by a diverse portfolio Focus on demonstrating ATCO Structures’ value Portfolio balances yield and long-term growth Significant non-regulated energy opportunities Growing earnings profile Conservative balance sheet ATCO Ltd. Q2 2
Slide 15: Question & Answer
Question & Answer InvestorRelations@atco.com ATCO Ltd. Q2 2026 Presentation 15