Sienna Senior Living Inc. (SIA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and Executive Vice President Investments of Ciena Senior Living Inc. Please be aware that certain statements or information discussed today are forward-looking and the actual results could differ materially. The company does not undertake to update any forward-looking statement or information. Please refer to the forward-looking information and risk factors section in the company's public filings, including its most recent MD&A and AIF, for more information. You will also find a more fulsome discussion of the company's results in its MD&A and financial statements for the period, which are posted on CDAR Plus and can be found on the company's website, vianaliving.ca. Today's call is being recorded and a replay will be available. Instructions for accessing the call are posted on the company's website and the details are provided in the company's news release. The company has posted slides which accompany the host's remarks on the company website under Events and Presentations. With that, I will now turn the call to Mr. James. Please go ahead, Mr. James. Thank you, Sarah. Good morning, everyone, and thank you for joining us today. The third quarter set the stage for a strong finish to this year. There's positive momentum across every part of our company. We achieved strong operational results in both lines of our business, successfully completed two development projects in Ontario, and continue to grow through acquisitions. We're on track to make 2025 a year that marks the next stage of Ciena's growth journey. Both operating platforms delivered strong results in the third quarter. Same property NOI increased by 13.2% in the retirement segment and by 6.7% in long-term care. Key drivers of the double-digit increase in the retirement segment were a strong occupancy increas...