Calian Group Ltd. (CGY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

a day and thank you for standing by. Welcome to the Callion Group first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Jennifer McCaughey, Director of Investor Relations. Please go ahead. Thank you, Didi, and good morning, everyone. Thank you for joining us for Calum's Q1 2026 conference call. Presenting this morning are Patrick Houston, Chief Executive Officer, and Will Magic, VP Finance. They will present our Q1 results, provide insight into our strategic initiatives, and discuss our outlook for the remainder of the year. As noted on slide two, Please be advised that certain information discussed today is forward-looking and subject to important risks and uncertainties. The results predicted in these statements may be materially different from actual results. As a reminder, all amounts are expressed in Canadian dollars except as otherwise specified. With that, let me turn the call over to Patrick. Thank you, Jennifer, and good morning. Following a strong finish to FY25, we carried that momentum into a record Q1. Revenue reached $208 million and adjusted EBITDA totaled $23 million, both new company highs for a first quarter. Revenue increased 12% year-over-year, including 6% organic growth. Adjusted EBITDA rose 28%, driving margins to 11%. Performance was fueled by robust demand across our defense ...