Jeld-Wen (NYSE:JELD) Q4 2025 Earnings call February 18, 2026 08:00 AM ET Company ParticipantsBill Christensen - CEOJames Armstrong - VP of Investor RelationsSamantha Stoddard - CFOConference Call ParticipantsSusan Maklari - Senior Equity Research AnalystOperatorLadies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to the JELD-WEN's fourth quarter and full year 2025 earnings conference call. All lines have b ...

Insulet (NasdaqGS:PODD) Q4 2025 Earnings call February 18, 2026 08:00 AM ET Company ParticipantsAshley McEvoy - President and CEOClare Trachtman - VP of Investor RelationsEric Benjamin - COOFlavia Pease - CFOJoanne Wuensch - Managing DirectorConference Call ParticipantsDanielle Antalffy - Managing Director and Senior Equity Research AnalystDavid Roman - Managing Director and Senior AnalystJeff Johnson - Managing Director and Senior Research AnalystLarry Biegelsen - Managing Director and Senior AnalystMichae ...

Financial Data and Key Metrics Changes - The company reported strong financial results for Q4 2025, indicating progress in its transformation despite some tailwinds [4][5] - The foundation of the business was significantly strengthened in 2025 through leadership upgrades, structural simplification, and cost elimination [5] Business Line Data and Key Metrics Changes - The presort business has seen new customer wins and no churn since June 2025, with a full pipeline of sales expected to translate into financial results over the coming months [8][10] - The company is focusing on being more aggressive with pricing in the presort business to win back clients and expects EBIT margins in the low-to-mid 20% range [14][16] Market Data and Key Metrics Changes - The company acknowledged potential headwinds from government shutdowns and economic uncertainties, particularly affecting the SendTech space [7] - The SendTech business is expected to experience a top-line decline in 2026, but the second half of the year is anticipated to be stronger than the first half [24][26] Company Strategy and Development Direction - The company is pivoting towards profitable growth and is undergoing an external review with qualified advisors [5] - There is a renewed focus on mail and investment to slow the decline in certain business areas, particularly in the presort and shipping segments [65] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery from the low point tied to the IMI migration, with expectations for gradual improvement in the SendTech business [50] - The company is optimistic about growth opportunities in presort, shipping, and the bank, with a focus on capital allocation and maintaining a net debt to EBITDA ratio around 3x [66][68] Other Important Information - The company plans to hold an investor day in 2026 to enhance education on its business fundamentals [66] - Management emphasized the importance of building a strong foundation for future growth, despite short-term challenges [72] Q&A Session Summary Question: Can you expand on the additional market uncertainty and geopolitical challenges? - Management highlighted issues like government shutdowns and economic direction uncertainties, particularly affecting the presort business [7] Question: What impact did the government shutdown have in the quarter? - The CFO noted that hardware purchases were impacted, pushing some sales into the subsequent quarter [13] Question: How aggressive will the pricing strategy be in the presort business? - Management indicated that they are now being more aggressive to win new customers and have already made concessions to existing clients [14][15] Question: Will the second half of the year show positive growth in the presort business? - The CFO mentioned that while the first half will be challenging, the second half is expected to be a better comp year [23] Question: What are the growth opportunities for the company moving forward? - Management identified presort, shipping, and banking as key areas for growth, emphasizing a focus on capital allocation [65][66]

Q4 2025 Earnings & Business Update Conference Call February 18, 2026 Safe Harbor Some of the matters discussed in this presentation may contain forward looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "forecast," "intend," "objective," "plan," "possible," "potential," "project," "target" and similar expressions. Actual results may vary ...

INVESTOR PRESENTATION February 2026 Forward-Looking Statements Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in connection herewith, are forward- looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words "may," "could," "c ...

Financial Data and Key Metrics Changes - Fourth quarter net revenue was $802 million, down 10% year-over-year from $896 million in the prior year, with core revenue declining 8% primarily due to lower volume [13][16] - Adjusted EBITDA for the quarter was $15 million, or 1.8% of sales, compared to $40 million, or 4.5% of sales in the fourth quarter of last year, reflecting unfavorable operating leverage and ongoing price and cost pressures [13][18] - For the full year, sales totaled $3.2 billion and Adjusted EBITDA was $120 million, which was at the high end of guidance but below initial expectations [8][12] Business Line Data and Key Metrics Changes - In North America, fourth quarter revenue was $522 million, down from $640 million in the prior year, with Adjusted EBITDA declining to $14 million from $42 million [19] - In Europe, revenue increased to $280 million from $256 million in the prior year, primarily due to a weaker US dollar, but volumes and mix were lower year-over-year [19][20] Market Data and Key Metrics Changes - The overall market for windows and doors in North America is expected to decline low- to mid-single digits, with new single-family construction down low single digits and repair and remodel activity down mid-single digits [21][24] - The Canadian market is anticipated to see high single-digit declines due to ongoing economic slowdown and weaker housing activity [21] - In Europe, volumes are expected to be broadly flat year-over-year, indicating stabilization without material improvements [22][23] Company Strategy and Development Direction - The company is focused on controlling costs and improving execution in a challenging macro environment, with structural actions taken to align costs with current market realities [10][11] - A strategic review of the European business is ongoing, with potential actions to improve liquidity and strengthen the balance sheet [10][11] - The company is implementing a new A3 Operating System across its manufacturing network to improve problem-solving and operational consistency [31][32] Management's Comments on Operating Environment and Future Outlook - Management noted that the macro environment remained soft, with no meaningful improvement in demand expected in the near term [4][10] - The company is prioritizing pricing discipline and expects to face continued headwinds from cost inflation, particularly in tariffs and materials [24][28] - Management expressed confidence in the company's ability to operate from a stronger position as market conditions improve, focusing on service and operational improvements [12][34] Other Important Information - The company completed a sale-leaseback of its Coral Springs facility, generating approximately $38 million in net proceeds, enhancing liquidity [6][15] - At year-end, the company had approximately $136 million in cash and about $350 million available on its revolver, with no debt maturities until December 2027 [11] Q&A Session Summary Question: Price versus volume dynamic - Management indicated that pricing actions are largely implemented and expect slight headwinds from price-cost dynamics due to ongoing inflation [42][43] Question: Implementation of operational improvements - Management reported that they are approximately 85% through the implementation of the new operating model across all sites, focusing on shop floor improvements and productivity [46][47]

© 2025 CLEAN HARBORS Forward Looking Statements and GAAP Disclaimer Fourth-Quarter and Full-Year 2025 Investor Review February 18, 2026 These slides contain (and the accompanying oral discussion will contain) forward-looking statements, which are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans to," "seeks," "will," "should," "estimates," "projects," "may," "likely," "potential," "outlook" or similar expressions. Such statements may include, but are not limi ...

Fourth Quarter and Full Year 2025 Earnings Call February 18,,2026 Shivani Kak HEAD OF INVESTOR RELATIONS Fourth Quarter and Full Year 2025 - Earnings Call 2 Disclaimer Certain statements contained in this document are forward-looking statements and are based on future expectations, plans and prospects for Moody's business and operations that involve a number of risks and uncertainties. Such statements involve estimates, projections, goals, forecasts, assumptions and uncertainties that could cause actual res ...

4Q & FY 2025 Earnings FEBRUARY 17, 2026 Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). Forward-looking statements include our current expectations or forecasts of future events, including matters relating to armed conflict between Russia and Ukraine, instability in the Middle East and Venezuela and changes in China-Taiwan relations, ...

Q4 and FY 2025 Earnings Report 18 February 2026 ©2026 Sabre GLBL Inc. All rights reserved. 1 Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future, including regarding the Company's plan for long-ter ...