ADF Group Inc. (DRX:CA) Q3 2026 Earnings Call Transcript
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SA Transcripts157.31K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call ADF Group Inc. (DRX:CA) Q3 2026 Earnings Call December 11, 2025 10:00 AM EST Company Participants Jean-François Boursier - Chief Financial OfficerJean Paschini - Non-Independent Chairman & CEO Conference Call Participants Nicholas Cortellucci - Atrium Research Corporation Presentation Operator Good morning, ladies and gentlemen, and welcome to the ADF Group Inc. Results for the period of 3 and 9 months closed on October 31, 2025 conference call. [Operator Instructions] This call is being recorded on Thursday, December 11, 2025. I would now like to turn the conference over to Mr. Jean-Francois Bourse, ADF Group's Chief Financial Officer. Please go ahead. Jean-François BoursierChief Financial Officer Good morning, and welcome to ADF's conference call covering the third quarter and 9 months ended October 31, 2025. I am with Jean Paschini, Chairman of the Board and CEO of ADF, who will be available to answer your questions at the end of the call. I will first update you on our quarterly and year-to-date results, which were disclosed earlier this morning by press release and then proceed with a quick update about our operations, including the first-time consolidation of Groupe LAR, the acquisition of which was finalized on September 18. First, a word of caution. Please note that some of the issues discussed today may include forward-looking statements. These are documented in ADF Group's management report for the third quarter and 9 months ended October 31, 2025, which were filed with the SEDAR this morning. Revenues for the quarter ended October 31, 2025, at $71.4 million were only $8.5 million lower than last year. Year-to-date, revenues stood at $179.9 million compared with $262.2 million for the 9-month period ended October 31, 2024. While the corporation's order backlog is more than adequate and as we already mentioned in previous communications, the uncertainty surrounding the U.S. tariffs has created an nonrecoverable delay in fabrication hours, mainly Recommended For You