ATS to Participate in the Raymond James Institutional Investors Conference-# ATS to Participate in the Raymond James Institutional Investors ConferenceShare---CAMBRIDGE, Ontario--([BUSINESS WIRE])-- ATS Corporation (TSX: ATS) (NYSE: ATS) ("ATS†or the "Company†) today announced that Doug Wright, Chief Executive Officer, and Anne Cybulski, Interim Chief Financial Officer, will participate in the Raymond James Institutional Investors Conference in Orlando, FL on March 3, 2026.ATS is scheduled to host a fires ...

Core Insights - ATS Corporation has demonstrated impressive organic growth despite a challenging macroeconomic environment since August 2024 [1] Company Performance - The company has shown resilience in its growth metrics, indicating strong operational performance [1] Investment Philosophy - The focus is on acquiring high-quality stocks and businesses that are managed by disciplined capital allocators, yielding exceptional returns on capital and the ability to compound invested capital over extended periods [1]

Core Insights - ATS Corporation reported strong financial results for the third quarter of fiscal 2026, with revenues increasing by 16.7% year-over-year to $760.7 million, driven by organic revenue growth across various markets [1][2][3] - The company experienced a net income of $30.0 million, significantly up from $6.5 million in the same quarter last year, reflecting improved operational performance [2][5] - Adjusted basic earnings per share rose to 48 cents from 32 cents a year ago, indicating enhanced profitability [1][2] Financial Performance - Revenues for the third quarter were $760.7 million, a 16.7% increase from $652.0 million in the previous year [1][4] - Year-to-date revenues reached $2,225.8 million, up 13.6% from $1,959.0 million [1][4] - Net income for the third quarter was $30.0 million, compared to $6.5 million in the prior year, marking a 361.5% increase [2][5] - Adjusted EBITDA for the third quarter was $105.2 million, a 20.2% increase from $87.5 million a year ago [1][4] Order Bookings and Backlog - Order Backlog as of December 28, 2025, was $2,053 million, slightly down from $2,060 million a year ago [1][2] - Order Bookings for the third quarter were $821 million, a decrease of 7.0% year-over-year, primarily due to a decline in organic Order Bookings [2][3] - Year-to-date Order Bookings totaled $2,248 million, down from $2,442 million in the previous year [1][2] Market Performance - Revenue growth was observed across various sectors, with life sciences increasing by 3.9%, consumer products by 57.4%, and energy by 161.6% year-over-year [2][4] - The transportation sector saw a decline in revenues by 22.1% due to lower Order Backlog [2][3] - The company noted strong demand in the food & beverage sector, particularly in automated solutions [3][4] Management and Strategic Outlook - Doug Wright was appointed as CEO, with a focus on enhancing execution discipline and capital allocation [1][2] - The company is optimistic about its diversified portfolio and leadership team, aiming to navigate current market conditions effectively [1][3] - Management anticipates revenues in the fourth quarter of fiscal 2026 to be between $710 million and $750 million [3][4]

Core Viewpoint - ATS Corporation will report its financial results for the third quarter ended December 28, 2025, before markets open on February 04, 2026 [1] Financial Reporting - The financial results will be announced before the market opens on February 04, 2026 [1] - A conference call and webcast will be hosted at 8:30 a.m. Eastern on the same day for management's quarterly remarks and a follow-up Q&A session with analysts [1] - The listen-only webcast can be accessed through a provided link [1]

Core Viewpoint - CAE Inc. has appointed Ryan McLeod as Chief Financial Officer (CFO), effective February 23, 2026, to lead the global finance organization and drive strategic growth and operational excellence [1][2]. Group 1: Appointment Details - The appointment of Ryan McLeod follows a comprehensive search process, ensuring a seamless transition with the assistance of interim CFO Constantino Malatesta [2]. - Matthew Bromberg, President and CEO, expressed confidence in McLeod's financial leadership experience and his proven track record in operational excellence and strategic acquisitions [3]. Group 2: Ryan McLeod's Background - Ryan McLeod has extensive experience as CFO of ATS Corporation, where he oversaw revenue growth from $1.4 billion to approximately $3.0 billion and led 18 strategic acquisitions [5]. - He has a strong background in financial operations, having strengthened ATS Corporation's balance sheet through debt issuances totaling over $1 billion [5]. Group 3: Company Overview - CAE is a leader in training, simulation, and critical operations solutions for aviation and defense, with approximately 13,000 employees across 240 sites in over 40 countries [7]. - The company has been at the forefront of innovation for nearly 80 years, focusing on high-fidelity flight simulators and training solutions while embedding sustainability in its operations [7][8].

Company Leadership Changes - Ryan McLeod has resigned from his role as Chief Financial Officer (CFO) effective February 15, 2026, to pursue an opportunity in an unrelated industry [1] - Anne Cybulski, VP and Corporate Controller, will take on the role of interim CFO while a search for a permanent replacement is conducted [2] - Michael Martino, Chairman of the ATS Board of Directors, expressed gratitude for McLeod's nearly 20 years of leadership and contributions to strengthening the company's financial foundation [3] Company Background - ATS Corporation is a leading automation solutions provider serving various industries, including life sciences, transportation, food & beverage, consumer products, and energy [4] - The company was founded in 1978 and employs approximately 7,500 people across more than 65 manufacturing facilities and over 85 offices globally [4] - ATS's common shares are traded on the Toronto Stock Exchange and the NYSE under the symbol ATS [4]

Core Viewpoint - Baxter is undergoing a leadership transition with Andrew Hider as the new CEO, emphasizing continuous improvement and operational excellence as key components of the company's strategy [2][3]. Company Overview - Baxter is recognized as an iconic brand in the medical technology sector, aiming to deliver high value to its customers [3]. - The company has significant opportunities for improvement and growth in various areas [3]. Leadership Background - Andrew Hider has a diverse background in the industry, having worked at General Electric and Danaher Corporation, where he managed multiple companies across different sectors [2]. - Hider has been with Baxter for five months and is focused on leveraging his experience to enhance the company's operations [2].

Core Insights - ATS Corporation will participate in the UBS Global Industrials and Transportation Conference on December 03, 2025, with Interim CEO Ryan McLeod and Interim CFO Anne Cybulski attending [1] - The company will also host institutional investor meetings during the conference, which can be arranged through UBS representatives [2] Company Overview - ATS Corporation is a leading automation solutions provider, serving various industries including life sciences, transportation, food & beverage, consumer products, and energy [3] - Founded in 1978, ATS employs approximately 7,500 people across more than 65 manufacturing facilities and over 85 offices globally [3] - The company's shares are traded on both the Toronto Stock Exchange and NYSE under the symbol ATS [3]

Core Viewpoint - ATS Corporation will participate in the Goldman Sachs Industrials and Materials Conference on December 04, 2025, with key management attending [1] Company Participation - Ryan McLeod, Interim Chief Executive Officer, and Anne Cybulski, Interim Chief Financial Officer, will represent the company at the conference [1] - Management will host institutional investor meetings during the conference, which can be arranged through Goldman Sachs representatives or via email [1]

Core Viewpoint - Andersen Corporation has initiated a lawsuit against ATS Corporation for alleged failure to deliver equipment for a multi-million dollar factory project, impacting the production of high-end E-Series windows [1][2]. Group 1: Lawsuit Details - Andersen claims ATS missed project deadlines and halted work, attributing the delay to "poor project management," resulting in equipment being 860 days late [2]. - ATS has filed a counterclaim and motion to dismiss, asserting that it suffered damages due to Andersen and Eagle's breach of the project agreement [4]. - The lawsuit has led to unspecified financial damages for Andersen and postponed the launch of its new E-Series product [6]. Group 2: Project Background - Andersen invested millions into the Iowa facility to boost production for the custom homebuilding market [1]. - ATS completed five projects for Andersen-owned facilities prior to the lawsuit, indicating a history of collaboration [4]. - ATS claims that deviations from standard practices and project specifications were not compensated by Andersen, leading to additional costs [5].