North American Construction Group Ltd (NOA) Q1 2025 Earnings Call

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prepared remarks, there will be an opportunity for analysts and shareholders and bondholders to ask questions. The media may monitor this call in listen-only mode. They are free to quote any member of management, but they are asked not to quote remarks from any other participant without the participant's permission. The company wishes to confirm that today's comments contain forward-looking information and the actual resource could differ materially from a conclusion forecasts or projections contained in that forward-looking information. Certain material factors or assumptions were applied in drawing conclusions or in making forecasts or projections that are reflected in the forward-looking information. Additional information about those material factors is contained in the company's most recent management discussion and analysis which is available on CDAR and EDGAR as well as on the company's website at nacg.ca. I'll now turn the conference over to Joe Lambert, President and CEO. Please go ahead. Thanks, Jennifer. Good morning, everyone, and thanks for joining our call today. I'm going to start with a brief overview of our Q1 2025 operational performance. Before I hand it over to Jason for the financials, and then I'll conclude with the operational priorities, a review of our growth opportunities in Australia and the infrastructure markets, our expanding bid pipeline, our backlogs, and our outlook for the remainder of 2025 before taking your questions. On slide three, our Q1 trailing 12-month total recordable rate of 0.34 improves upon our Q4 results and remains better than our industry-leading target frequency of 0.5. We continue to advance our systems and training with key focus on human and organizational performance principles, commonly called HOP, and look to c...