Atlas Engineered Products Ltd. (AEP) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome and thank you for joining Atlas Engineered Products Q2 2026 earnings call. I am Jake Boma, an IR Consultant for AAP. Today on the line discussing AAP's Q2 2026 financial results and company highlights are the company's President, CEO and Founder Hadi Abassi and CFO Melissa MacRae. Following their remarks, we'll open up the call for an analyst Q&A session. Before handing over the call to Hadi, please note that information we present today could contain forward-looking information that is based on management's expectations, estimates, and projections. Please consider the risk factors, including those in the filings made by AP on CDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted. Hadi, please proceed with your remarks. Thank you, Jake. Good morning, everyone, and thank you for joining us. The second quarter of 2026 reflected the strength and resilience of our team, delivering a stronger financial performance over the prior year and the first quarter of 2026. While the market conditions in Ontario and British Columbia remain competitive, Coating and order activities continue to be encouraging, and we are seeing benefits from the investment we have made in sales management and operational capabilities. We have made important progress in our first robotic truss manufacturing facility in Clinton, Ontario, with equipment installed and commissioning underway as of late this July. We anticipate delivering our first truss orders from this facility in September 2026. We continue to report high quoting volumes from the beginning of 2025 and continuing in 2026 up to the end of July 2026. Quotes exceeded $176 million compared to roughly $159 million and $125 million up to the end of J...