Earnings Call Summary | BrightView Holdings(BV.US) Q2 2024 Earnings Conference
Earnings Call Summary | BrightView Holdings(BV.US) Q2 2024 Earnings Conference
The following is a summary of the BrightView Holdings, Inc. (BV) Q2 2024 Earnings Call Transcript:
以下是BrightView Holdings, Inc.(BV)2024年第二季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
BrightView Holdings reported Q2 total revenue of $673 million, up year-over-year by 3.5%.
The company's adjusted EBITDA for Q2 saw a growth of 39%, going up to $64.8 million.
BrightView revealed having a free cash flow of $89 million in the first half of the year.
Their net leverage was reported at 2.4x indicating a significant reduction in debt and improved profitability.
BrightView Holdings報告稱,第二季度總收入爲6.73億美元,同比增長3.5%。
該公司第二季度調整後的息稅折舊攤銷前利潤增長了39%,達到6,480萬美元。
BrightView透露,上半年的自由現金流爲8900萬美元。
據報道,他們的淨槓桿率爲2.4倍,這表明債務大幅減少和盈利能力提高。
Business Progress:
業務進展:
BrightView recently sold its U.S. Lawns business and began to unwind its noncore aggregator business, BES.
The company launched a partnership with Red Wing Shoes, facilitating quality footwear for team members and continues to upgrade its fleet and assets.
It's undergoing a significant transition, streamlining its operating structure, integrating AI technology for customer servicing and impressively enhancing its EBITDA leading to optimistic forecasts for the second half of fiscal '24.
BrightView is working on a customer-centric approach, intending to improve retention rates. It looks forward to returning to mergers and acquisitions in fiscal 2025, mainly focusing on the core maintenance contract business.
BrightView最近出售了其美國草坪業務,並開始放鬆其非核心聚合器業務BES。
該公司與Red Wing Shoes建立了合作伙伴關係,爲團隊成員提供優質的鞋子,並繼續升級其車隊和資產。
它正在經歷重大轉型,精簡運營結構,將人工智能技術整合到客戶服務中,息稅折舊攤銷前利潤大幅提高,從而對24財年下半年做出樂觀的預測。
BrightView正在研究一種以客戶爲中心的方法,旨在提高留存率。它期待在2025財年恢復併購,主要專注於核心維護合同業務。
More details: BrightView Holdings IR
更多詳情: BrightView 控股投資者關係
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。