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Perma-Pipe International Holdings
Perma-Pipe International Holdings (PPIH) investor relations material
Perma-Pipe International Holdings AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary24 Jun, 2026
Opening remarks and agenda
The meeting was conducted virtually, allowing global participation and included introductions of board members, executive team, and independent auditors.
The agenda included voting on director elections, executive compensation, auditor ratification, and a Q&A session.
Financial performance review
Achieved record net sales of over $210 million in FY 2025, a 33% increase year-over-year.
Net income rose by 58%, and earnings attributable to common shareholders grew by nearly 90%.
Shareholders' equity increased by 26%, strengthening the balance sheet.
Board and executive committee updates
Saleh Sagr was introduced as CEO, having taken over in June of the previous year.
Board nominees for re-election included Ibrahim Al Kuwari, Jon C. Biro, Richard Sherrill, Sal Sagr, and Nancy Zakhour.
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Latest events from Perma-Pipe International Holdings
- Revenue and net income surged on strong Middle East and India sales, with margin improvement.PPIH
Q1 202511 Jun 2026 - Gross margin rose to 34% and record backlog drove sharply higher earnings and Middle East growth.PPIHQ3 202511 Jun 2026
- Double-digit sales and profit growth, record backlog, and robust MENA infrastructure demand.PPIHQ2 202511 Jun 2026
- Backlog doubled and margins improved, supporting strong growth prospects for fiscal 2025.PPIHQ4 202511 Jun 2026
- Sales and profit grew, but net income was reduced by a one-time executive compensation charge.PPIHQ2 202611 Jun 2026
- Record sales and net income, with backlog and margins up, but internal control issues persist.PPIHQ1 202611 Jun 2026
- Q3 2025 net sales rose 47% and net income surged 152%, with backlog at $148.9 million.PPIHQ3 202611 Jun 2026
- Record sales and earnings, strong backlog, and new expansion initiatives drive growth outlook.PPIHQ4 202611 Jun 2026
- Net sales up 7.5% and backlog up 12%, but net income fell sharply on margin pressure.PPIHQ1 202711 Jun 2026
Next Perma-Pipe International Holdings earnings date
Q2 202710 Sep, 2026
Perma-Pipe International Holdings
Next Perma-Pipe International Holdings earnings date
Q2 202710 Sep, 2026
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