Andrew Arnovitz
Vice President, Investor Relations
Replay available
CAE Inc. (NYSE: CAE) Q1 2026 earnings conference call, held 2025-08-13. Replay captured from the company's public earnings webcast.

Vice President, Investor Relations
Executive Chairman
President and Chief Executive Officer
Interim Chief Financial Officer
President and Chief Executive Officer (Incoming)
Analyst, BMO Capital Markets
Analyst, CIBC Capital Markets
Analyst, National Bank Financial
Analyst, Scotiabank
Chief Operating Officer
Analyst, RBC Capital Markets
Analyst, TD Cowen
Analyst
Good day, ladies and gentlemen. Welcome to the CAE First Quarter Financial Resource for Fiscal Year 2026 Conference Call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity for analysts to ask questions. To join the question queue, you may press star, then 1 on your telephone keypad. If you need assistance during the conference call, you may signal an operator by pressing star, then 0. I would like to turn the conference over to Mr. Andrew Arnovitz. Please go ahead, Mr. Arnovitz. Good morning, everyone, and thank you for joining us today. Before we begin, I'd like to remind you that today's remarks, including management's outlook and answers to questions, contain forward-looking statements. These forward-looking statements represent our expectations as of today, August 13, 2025, and accordingly our subject to change. Such statements are based on assumptions that may not materialize and are subject to risks and uncertainties. Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risks, factors, and assumptions that may affect future results is contained in CEE's annual MD&A, and MD&A for the three months ended June 30, 2025, available on our corporate website and in our filings with the Canadian Securities Administrators on CDAR+, and at the U.S. Securities and Exchange Commission on EDGAR. On the call with me this morning from CAE are Caelan Rovinescu, the company's chairman, Marc Parent, president and chief executive officer, Matthew Bromberg, incoming president and chief executive officer, and Constantino Malatesta, our interim chief financial officer. Nick Leontidis, chief...