Canada · Delayed Price · Currency is CAD Chorus Aviation Earnings Call Transcripts
Fiscal Year 2025
-
2025 saw major cost reductions, strong earnings growth, and strategic acquisitions, including Kadex and Elisen. Dividend was raised 38%, share buybacks continued, and guidance for 2026 points to robust free cash flow and EBITDA.
-
Q3 2025 saw strong adjusted EPS growth, robust free cash flow, and continued balance sheet strengthening. Strategic asset sales, share buybacks, and a focus on higher-margin defense and MRO businesses position the company for accretive growth and enhanced shareholder returns.
-
Q2 2025 saw strong financial results, with adjusted EPS up to CAD 0.66 and adjusted EBITDA at CAD 51.3 million. Strategic moves included a quarterly dividend, share buybacks, the Elisen acquisition, and a focus on defense and MRO growth.
-
Q1 2025 saw strong financial and operational results, with adjusted EBITDA up to CAD 56.9 million and Voyageur revenues rising 39% year-over-year. Debt reduction, share buybacks, and robust segment performance position the company for continued growth and shareholder value.
Fiscal Year 2024
-
Significant debt reduction and balance sheet strengthening followed the sale of the leasing segment, with leverage dropping to 1.4 and strong free cash flow. Voyager and Jazz delivered robust results, and Voyager is on track for CAD 150 million revenue in 2025.
-
Q3 results show strong financial performance, with adjusted EBITDA of CAD 54 million and leverage ratio down to 3.0. The RAL segment sale is set to close by year-end, further strengthening the balance sheet and enabling enhanced shareholder returns.
-
Second quarter 2024 results showed strong cash generation, reduced leverage, and robust performance from Jazz and Voyageur. The RAL segment sale is expected to further strengthen the balance sheet and support future growth and shareholder returns.
-
The sale of the regional aircraft leasing segment for CAD 1.9 billion will significantly deleverage the company, simplify its balance sheet, and refocus growth on aviation services. Major shareholders support the deal, which is expected to close by year-end 2024 and unlock substantial value.