Operator

Good afternoon, ladies and gentlemen, and welcome to the Linamar Corporation Q1 2026 Earnings Call. [Operator Instructions] This call is being recorded on May 6, 2026.

I would now like to turn the conference over to Linda Hasenfratz, Executive Chair. Please go ahead.

Linda Hasenfratz
Executive Chairman of the Board

Thanks so much and good afternoon, everyone and welcome to our first quarter conference call. Before I begin, I'm going to draw your attention to the disclaimer currently being broadcast.

Joining me this afternoon, as usual, are Jim Jarrell, our CEO and President; Dale Schneider, our CFO, both of whom will be addressing the call formally. And of course, available for questions, Mark Stoddart, Chris Merchant and other members of our corporate team.

Okay. I'm going to start us off with some highlights of the quarter. A good place to start is always a key reminder of the value drivers that make Linamar such a great investment and how they played out this past year.

First, Linamar has a long track record of consistent, sustainable results that drive out of our diverse business. And Q1 is just another great example of that with exceptional earnings growth in our Mobility business, more than offsetting soft markets across the board, as well as other dynamics like tariff in our Industrial business. Being invested in both businesses helps trim those big swings up and down in individual markets and leaves us with a more