Earnings Call Summary | Lincoln Electric(LECO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Lincoln Electric(LECO.US) Q1 2024 Earnings Conference
The following is a summary of the Lincoln Electric Holdings Inc. (LECO) Q1 2024 Earnings Call Transcript:
以下是林肯電氣控股公司(LECO)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Lincoln Electric's Q1 2024 sales decreased by 6% to $981 million due to lower volumes.
The company achieved a gross profit of $368 million, with an increase of 120 basis points in adjusted operating income margin.
Adjusted operating income increased by 1% to $171 million, and the average operating working capital decreased by 80 basis points versus the previous year.
Despite a lower sales volume, the diluted earnings per share were $2.14, and when excluding special items, it reached a record $2.23.
由於銷量減少,林肯電氣2024年第一季度的銷售額下降了6%,至9.81億美元。
該公司實現了3.68億美元的毛利,調整後的營業收入利潤率提高了120個點子。
調整後的營業收入增長了1%,達到1.71億美元,平均運營資本與上年相比下降了80個點子。
儘管銷售量下降,但攤薄後的每股收益爲2.14美元,不包括特殊項目,達到創紀錄的2.23美元。
Business Progress:
業務進展:
The company faced challenges in equipment, project timing, and automation and saw a decline in industrial activity in the automotive, heavy industries, and HVAC sectors.
Lincoln Electric completed the acquisition of RedViking, increasing their global automation sales to over $1 billion.
The installation of a Chief Transformation Officer will propel a range of enterprise-wide productivity initiatives for long-term margin and earnings growth.
The firm expects growth in its automation business, and it anticipates that improvements in the Asia business and a strong business in the Middle East and Turkey will boost the internationals segment EBIT profile towards 12%-14%.
AI capabilities are being incorporated into the business for part printing and predictive welding.
該公司在設備、項目時機和自動化方面面臨挑戰,汽車、重工業和暖通空調領域的工業活動有所下降。
林肯電氣完成了對RedViking的收購,將其全球自動化銷售額提高到超過10億美元。
首席轉型官的上任將推動一系列企業生產力計劃,以實現長期利潤率和收益增長。
該公司預計其自動化業務將增長,並預計,亞洲業務的改善以及中東和土耳其的強勁業務將使國際細分市場的息稅前利潤增長至12%-14%。
人工智能功能已納入零件打印和預測性焊接業務中。
More details: Lincoln Electric IR
更多詳情: 林肯電氣紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。