ATS Q1 FY27 turns to net loss of CAD 0.3 million; revenue falls 5.8% to CAD 693.7 million

Reuters2026/08/06 10:08

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ATS posted a net loss of CAD 0.3 million, swinging from profit; revenue fell 5.8% to CAD 693.7 million.
Adjusted EBITDA (non-IFRS) declined 8.5% to CAD 92.9 million; adjusted EBITDA margin slipped 0.5 percentage point to 13.3%.
Order bookings decreased 5.3% to CAD 656 million; backlog fell 8.7% to CAD 1.89 billion.
Launched an 18-month Fixed Cost Transformation Program, starting with European facility consolidation; initial phase targets about CAD 20 million in annual cost cuts.
Management flagged timing delays in some large customer awards, though it cited a healthy funnel and growing energy and services revenue contributions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ATS Corporation published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ATS Q1 FY27 turns to net loss of CAD 0.3 million; revenue falls 5.8% to CAD 693.7 million

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