Atlas Engineered Merchandise Ltd. (OTCPK:APEUF) Q3 2024 Earnings Name Transcript November 25, 2024 11:00 AM ET
Firm Individuals
Jake Bouma – IRHadi Abassi – CEOMelissa MacRae – CFO
Convention Name Individuals
David Ocampo – Cormark SecuritiesAndrew Semple – Ventum Capital MarketRussell Stanley – Beacon Securities
Jake Bouma
Good morning, everybody. Welcome, and thanks for becoming a member of the Atlas Engineered Merchandise earnings name. My title is Jake Bouma, IR guide for AEP. Right now on the road discussing AEP’s Q3 2024 monetary outcomes and firm highlights will probably be CEO, Hadi Abassi; CFO, Melissa MacRae; and Director, Paul Andreola. Following the dialogue, we’ll open up the decision for a Q&A.
Earlier than handing over the decision to Hadi, please observe that info we current at the moment might comprise forward-looking info that’s primarily based on administration’s expectations, estimates and projections. Please take into account the danger components, together with these within the filings made by Atlas on SEDAR when reviewing this info. Additionally, all quantities mentioned will probably be in Canadian {dollars}, until in any other case famous.
Hadi, over to you. Thanks.
Hadi Abassi
Good morning, everybody. Welcome to Atlas Engineered Merchandise earnings name to debate our third quarter 2024 efficiency. We’re excited to be with you, and thanks for becoming a member of us. We’re very happy with our staff as we navigate the difficult setting for our trade volumes and proceed to defend and take the market share whereas rising the wall panel and engineered wooden merchandise companies. With the current rate of interest cuts and a structural scarcity of properties in Canada, we’re seeing extra exercise within the fourth quarter, and the order ebook is trying constructive for 2025. We anticipate 2025 to be the important thing inflection 12 months for the corporate.
Within the meantime, the M&A pipeline stays strong, and we’re investing in automation, which
