Exco Technologies Limited (XTC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Exco Technology's limited second quarter results 2026 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 need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised today's conference is being recorded. I would like to turn the conference over to your speaker today, Darren Kirk, President and CEO. Please go ahead. Thank you, Kevin, and good morning to everyone joining us. Welcome to Expo Technologies' fiscal 2026 second quarter conference call. I'll begin today with an overview of our operations and strategic progress in the quarter. I'll then turn the call over to Matthew Posno, our CFO, to walk through the financial details. Afterwards, I'll return to discuss our outlook before opening the call for your questions. Before we proceed, I'd like to remind everyone that our discussion today contains forward-looking information. I'd ask that you refer to the cautionary notes included in yesterday's news release and in our continuous disclosure filings, all of which apply to today's discussion. Turning to the quarter, our second quarter results were affected by temporary softness in large mold volumes, restructuring actions, and foreign exchange headwinds. That said, we are encouraged by the underlying momentum building across the business. Large mold order activity and backlog continue to build, and we expect sales and profitability in this business to recover in future quarters as new programs ramp up. At the same time, our automotive solution segment co...