Earnings Call Summary | North American Construction(NOA.US) Q1 2024 Earnings Conference
Earnings Call Summary | North American Construction(NOA.US) Q1 2024 Earnings Conference
The following is a summary of the North American Construction Group Ltd. (NOA) Q1 2024 Earnings Call Transcript:
以下是北美建築集團有限公司（NOA）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
North American Construction Group reported a Q1 EBITDA of $93 million with a margin of 27%, and a combined gross profit margin of 18%.
The firm reported a $0.78 adjusted earnings per share for Q1, down from $0.18 in Q1 of 2023 due to increased interest rates.
Net cash from operations, prior to working capital, was $74 million while net debt levels rested at $781 million by the end of this quarter.
The company is working on decreasing its debt-to-EBITDA ratio to 1.5x by year-end, with a projected free cash flow of $160 million to $185 million identified for this purpose.
北美建築集團報告稱，第一季度息稅折舊攤銷前利潤爲9300萬美元，利潤率爲27％，合併毛利率爲18％。
該公司報告稱，由於利率上升，第一季度調整後的每股收益爲0.78美元，低於2023年第一季度的0.18美元。
截至本季度末，運營淨現金爲7400萬美元，淨負債水平爲7.81億美元。
該公司正在努力在年底之前將其債務與息稅折舊攤銷前利潤的比率降至1.5倍，預計自由現金流爲1.6億美元至1.85億美元。
Business Progress:
業務進展：
The company reported a good performance from its recently acquired Australian business, a successful start on the Fargo-Moorhead flood diversion project, and significant savings through the application of a telematics system.
Safety standards are being improved with a focus on frontline leadership training, the betterment of the peer-to-peer recognition program, and increased field leadership visibility.
North American Construction Group is targeting an expansion of operational efficiency and maintenance expertise, alongside winning on strategic projects.
There is a continued focus on growth across all commodity markets (excluding nickel and lithium) with strong business in iron ore, gold, and coal markets.
The company has successfully completed the restructuring process for Nuna, which is expected to yield stronger earnings by summer.
The company is bidding for an iron ore mine in Quebec, which if successful, would significantly raise their revenue.
North American Construction Group is also concentrating on improving their balance sheet to make way for bigger projects by year end.
該公司報告稱，其最近收購的澳大利亞業務表現良好，Fargo-Moorhead洪水分流項目成功啓動，並通過應用遠程信息處理系統節省了大量資金。
安全標準正在改進，重點是一線領導力培訓、改善點對點識別計劃以及提高現場領導的知名度。
北美建築集團的目標是擴大運營效率和維護專業知識，同時在戰略項目中獲勝。
所有大宗商品市場（不包括鎳和鋰）的增長一直受到關注，鐵礦石、黃金和煤炭市場的業務表現強勁。
該公司已成功完成對Nuna的重組過程，預計到夏季將帶來更強勁的收益。
該公司正在競標魁北克的一座鐵礦山，如果成功，將大大增加他們的收入。
北美建築集團也在集中精力改善資產負債表，以便在年底之前爲更大的項目騰出空間。
More details: North American Construction IR
更多詳情： 北美建築 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。