CAE Inc. (CAE) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would now like to turn the conference over to Mr. Andrew Arnovitz. Please go ahead, Mr. Arnovitz. Good morning, everyone, and thank you for joining us. Before we begin, I'd like to remind you that today's remarks, including management's outlook for fiscal 26 and answers to questions, contain forward-looking statements. These forward-looking statements represent our expectations as of today, May 14, 2025, and accordingly are 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 following looking statements. A description of the risks, factors, and assumptions that may affect future results is contained in C's annual MD&A, available on our corporate website and in our filings with the Canadian Securities Administrators on CDAR Plus and the U.S. Securities and Exchange Commission on EDGAR. On the call with me this morning are Marc Perrin, CEE's President and Chief Executive Officer, and Constantino Malatesta, our Interim Chief Financial Officer. Nick Lientidis, CEE's Chief Operating Officer, is also on hand for the question period. After remarks from Marc and Constantino, we'll open the call to questions from financial analysts. Let me now turn the call over to Marc. Thank you, Andrew, and good morning, everyone. We delivered an exceptional fourth quarter that capped a strong year across all of our key financial and operational metrics. I'm very pleased with the performance and proud of how the team delivered with disciplined execution and efficient capital management. We generated $289 million in free cash flow in the quarter and a record $814 million for the full year translating to a very r...