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Canadian Utilities (CU) investor relations material
Canadian Utilities AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Welcomed shareholders to the 99th annual meeting, acknowledged longstanding shareholders and special guests, and emphasized gratitude for trust and support.
Recognized the traditional lands and Indigenous communities where operations are located, highlighting respect and partnership.
Outlined safety procedures and introduced key participants and guests.
Financial performance review
Reported CAD 658 million in adjusted earnings for 2025, up from CAD 647 million in 2024, despite significant headwinds.
Achieved Q1 2026 adjusted earnings of CAD 242 million, up from CAD 232 million in Q1 2025, driven by growth in core businesses.
Share price rose from just over CAD 34 at the start of 2025 to just under CAD 48, closing the gap with peers.
Maintained strong investment grade credit ratings and a funding strategy that avoids common equity dilution.
Board and executive committee updates
Bob Myles recognized for his first year as CEO, with Katie Patrick as CFO and Kyle Brunner as General Counsel and Corporate Secretary.
Roger Urwin retired from the board; new directors elected for the coming year.
- Q1 2026 adjusted earnings increased to $242M, driven by utility investments and project progress.CU
Q1 20268 May 2026 - Q2 adjusted earnings rose to $117M, led by regulated utility growth and major project investments.CU
Q2 202430 Mar 2026 - 2024 adjusted earnings up 9% to CAD 647M; $6.1B capex plan drives future growth.CU
Q4 202430 Mar 2026 - $12B capital plan and 6.9% rate base CAGR drive growth across regulated and non-regulated assets.CU
Investor presentation2 Mar 2026 - 2025 adjusted earnings reached $658 million, supported by record capital investment and project growth.CU
Q4 202526 Feb 2026 - Adjusted earnings up, IFRS earnings down; strong cash flow and major capital investment support growth.CU
Q3 202412 Feb 2026 - Q1 2025 adjusted earnings up to $232M, with major projects advancing and regulatory risks ongoing.CU
Q1 202512 Feb 2026 - Q2 2025 adjusted earnings rose to $121 million as major projects and regulatory risks advanced.CU
Q2 202512 Feb 2026 - Q3 2025 adjusted earnings rose to $108M, with major projects and cash flow growth achieved.CU
Q3 202512 Feb 2026
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