Savaria Corporation (SIS) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Rory and I will be your conference operator today. At this time, I would like to welcome everyone to Savaria Corporation's Q1 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. To ask a question during the session, please 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. This call may contain forward-looking statements which are subject to the disclosure statement contained in Savaria's most recent press release issued on May 6, 2026, with respect to its Q1 2026 results. Thank you. Mr. Bourassa, you may begin your conference. Thanks, Rory, and good morning, everyone. Today, we'll start with a small recap of our Q1 results, and Steve will update us on financial, and MGP will provide us an update on SAVAIR 1 and Europe followed by Q&A. So once again, I'm very proud and it seems that I repeat always that I'm proud, but in the last 10 years or 40 quarters, 39 out of the 40 will be the previous year. So I think for me it's very good proof that we should work very consistent in our results and with all the learning we have done in the SAVAIR 1, I think we have created a good path for the future. With a size of 225 million, Upverses last year, and right away in EBITDA in the first quarter, 20.4% of EBITDA, all KPI improving, so Steve will go more in detail later, so quite happy with that. A few things that I would like to highlight today. First, thank you again for all team members at Savaria to continue to be diligent in your approach towards Savaria One, to act as a one company, and continue to have a bottom-up approach to bring...