Operator:
Good morning. My name is Carmen, and I will be your conference operator today. At this time, I would like to welcome everyone to Savaria Corporation’s Third Quarter 2025 Conference Call.
*This call may contain forward-looking statements, which are subject to the disclosure statement contained in Savaria’s most recent press release issued on November 5, 2025, with respect to its third quarter 2025 results.*
Thank you, and I will now turn the call over to Sébastien Bourassa.
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**Sébastien Bourassa
President, CEO & Director, Savaria Corporation**
Thanks, Carmen, and good morning, everyone.
Today, I will start with a brief recap of our Q3 results. Steve will then provide an update on our financials, and JP will share more details on our Savaria One program. As always, we will close with a Q&A session.
First, I want to sincerely thank all Savaria employees for their extraordinary contributions over the past two years. Our achievements—especially the success of the Savaria One program—would not have been possible without your dedication and hard work.
I am very proud to report our Q3 outcome. For the first time ever, we reached 21.2% EBITDA. Some of the key highlights from the third quarter include:
– **Best gross margins ever at 39.2%**—a direct result of our operational improvements, procurement strategies, and pricing initiatives, which JP will discuss in more detail later.
– **Outstanding performance from the Accessibility segment**, continuing its strong growth and contribution to our results.
Thank you to everyone for your efforts and commitment.
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