Operator
Good morning, girls and gents, and welcome to the ADF outcomes for 3 months and 6 months ending July 31, 2025 convention name. [Operator Instructions] This name is being recorded on Thursday, September 11, 2025.
I’d now like to show the convention over to Mr. Jean-Francois Boursier, Chief Monetary Officer. Please go forward.
Jean-François Boursier
Chief Monetary Officer
Good morning, and welcome to ADF’s convention name overlaying the second quarter and 6 months ended July 31, 2025. The I’m with Jean Paschini, Chairman of the Board and CEO of ADF, who shall be out there to reply your query on the finish of the decision. I’ll first replace you on our quarterly and year-to-date outcomes, which have been disclosed earlier this morning by press launch after which proceed with a fast replace about our operations, together with our multiyear contract announcement from final July twenty third and in addition about final week’s acquisition announcement.
First, a phrase of warning. Please notice that a few of the points mentioned right now could embody forward-looking statements. These are documented in ADF Group’s administration report for the second quarter and 6 months ended July 31, 2025, which have been filed with SEDAR this morning. Revenues for the quarter ended July 31, 2025, at $53 million have been $21.9 million decrease than final yr. Yr-to-date, revenues stood at $108.5 million in comparison with $182.3 million for the 6-month interval ended July 31, 2024. Whereas the company’s order backlog is greater than ample, exceeding $468 million as of July 31, 2025. The uncertainty surrounding the U.S. tariffs has created a nonrecoverable delay in fabrication hours, primarily at ADF plant in Terrebonne, Quebec.
