CAE(CAE) - 2023 Q4 - Earnings Call Transcript

CAE, Inc. (NYSE:CAE) Q4 2023 Earnings Conference Call May 31, 2023 2:00 PM ET Company Participants Operator Marc Parent Operator Well, I'll tell it's getting much more in fiscal '25 as we -- there's some certain programs that we call drag programs that were executed years ago that are at quite low margin. So I mean it's offsetting itself over the next 12 months. Being more precise to you on exactly where does that happen? How much percentage? Look I would hazard a guess at 50-50. And when I say yes, it's a ...