Will Kaludich
CFO
Replay available
Premium Brands Holdings Corporation (PBH) Q4 2025 Earnings Call
Premium Brands Holdings Corporation (TSX: PBH) Q4 2025 earnings conference call, held 2026-03-19. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:01.921 -- 00:00:05.745 Welcome, everyone, to our 2025 year-end 00:00:05.745 -- 00:00:09.790 conference call. Thank you for joining us today. 00:00:09.790 -- 00:00:14.976 With me here is our CFO, Will Kaludich. Our presentation will follow the deck 00:00:14.976 -- 00:00:18.160 that was posted on our website this morning. 00:00:18.160 -- 00:00:23.666 Later this morning, we will hold a separate live Q&A session at 10.30 a.m. 00:00:23.666 -- 00:00:25.108 PST. 00:00:25.108 -- 00:00:30.434 Details to the call can be found on our press release as posted on our website. 00:00:30.434 -- 00:00:34.976 We're now on slide three. which outlines some of the key highlights for the year and 00:00:34.976 -- 00:00:40.243 the fourth quarter. We finished 2025 strongly, strategically, 00:00:40.243 -- 00:00:45.671 operationally, and financially, despite significant commodity inflation headwinds 00:00:45.671 -- 00:00:50.859 throughout the year, and more specifically, record high beef costs for most of the year 00:00:50.859 -- 00:00:55.606 and substantial chicken cost increases in the first half of the year. 00:00:55.606 -- 00:01:00.309 As we have often stated, we manage our business for the long term, and are confident 00:01:00.309 -- 00:01:05.374 these headwinds are transitory and that our pricing actions combined with normalization 00:01:05.374 -- 00:01:10.539 of commodity markets will bring our margins back to historical levels. 00:01:10.539 -- 00:01:15.584 Overall, 2025 was another transformational year for premium brands 00:01:15.584 -- 00:01:20.789 as we commissioned, expanded, or acquired substantial new plant capacity 00:01:20.789 -- 00:01:25.874 across North America to support our continued industry-leading growth. 00:01:25.874 -- 00:01:30.971 Correspondingly, We're we...