Operator

Ladies and gentlemen, thank you for standing by. I am Maria, your Chorus Call operator. Welcome, and thank you for joining the Titan Group conference call and live webcast to present and discuss the first Q2026 results.

Please note, this call and presentation is intended for analysts and investors only. The conference is being recorded. [Operator Instructions]

At this time, I would like to turn the conference over to Mr. Marcel Cobuz, Chair of the Group Executive Committee; and Mr. John loannou, Group CFO. Mr. Cobuz, you may now proceed.

Marcel Cobuz
Executive Director

Thank you. Hello, everyone. Good morning, good afternoon. Very happy to be here with John loannou, our Group CFO; and Spyros Kamizoulis, our Investor Relations Head. And happy to share with you record results for a good quarter, although this is a small quarter, marked by weather impact, has shown solid volumes and improved pricing, which led to organic sales growth. And at the same time, the positive price over cost has allowed EBITDA margin expansion by 250 basis points. So I would like to thank all our teams and partners for delivering another record quarter for Titan.

At the same time, this quarter and a couple of days ago marked the completion of three transactions we have announced since our Investor Day in France, in Turkiye, in Greater Istanbul markets and in U.S. Eastern Coast.