Element Fleet Management Corp. (EFN) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to Element Fleet Management's first quarter 2025 financial and operating results conference call. At this time, all participants are in a listen-only mode, and you are reminded that this call is being recorded. Following the prepared remarks, there will be an opportunity for analysts to ask questions. To join the question queue, press star then one on your telephone keypad. In the event you need assistance during the call, you may signal an operator by pressing star then zero. Element wishes to caution listeners that today's information contains forward-looking statements. The assumptions on which they are based and the material risk and uncertainties that could cause them to differ are outlined in the company's year-end and most recent MD&A and AIF. Although management believes that the expectations expressed in the statements are reasonable, actual results could differ materially. The company also reminds listeners that today's call references certain non-GAAP and supplemental financial measures. Management measures performance on a reported and adjusted basis and considers both to be useful in providing readers with a better understanding of how it assesses results. A reconciliation of these non-GAAP financial measures to IFRS measures can be found in the company's most recent MD&A. I would now like to turn the conference call over to Ms. Laura Dottore Atanasio, Chief Executive Officer. The floor is yours, ma'am. Good morning, and thank you for joining us. Element is off to a strong start in 2025, building on the momentum of a record year in 2024. Our strong financial and operational resilience combined with ongoing commercial momentum resulted in solid net revenue growth year over year, even with meaningful movements in foreign exchange ...