Earnings Call Summary | Aramark(ARMK.US) Q2 2024 Earnings Conference
Earnings Call Summary | Aramark(ARMK.US) Q2 2024 Earnings Conference
The following is a summary of the Aramark (ARMK) Q2 2024 Earnings Call Transcript:
以下是Aramark（ARMK）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Aramark reported a record company revenue in the second quarter with a 9.4% organic revenue growth year-over-year.
The company experienced a 27% year-over-year increase in operating income to $159 million.
On a constant currency basis, Aramark's adjusted operating income was up by 29% from a year ago reaching $187 million.
The company's operating income margin grew by nearly 70 basis points year-over-year on a constant currency basis.
Aramark generated a cash inflow in the quarter, with operating activities generating $221 million and free-cash flow amounting to $140 million.
The company has over $1.1 billion in cash availability and expects its leverage ratio to be approximately 3.5 times by the end of the fiscal year.
Aramark報告稱，第二季度公司收入創歷史新高，有機收入同比增長9.4％。
該公司的營業收入同比增長27％，達到1.59億美元。
按固定貨幣計算，Aramark調整後的營業收入比去年同期增長了29％，達到1.87億美元。
按固定貨幣計算，該公司的營業收入利潤率同比增長了近70個點子。
Aramark在本季度產生了現金流入，經營活動產生了2.21億美元，自由現金流爲1.4億美元。
該公司擁有超過11億美元的可用現金，預計到本財年末，其槓桿率將達到約3.5倍。
Business Progress:
業務進展：
Aramark experienced significant growth in its base business, pricing and net new business.
The U.S. organic revenue increased by 7% year-over-year due to strong retention and new business potential.
Momentum was noted in Collegiate Hospitality, Sports and Entertainment, Workplace Experience across all regions.
Every country and region internationally experienced organic revenue growth, led by mining services in Latin America and business dining volume in the U.K.
Aramark is in active discussions to sell its remaining ownership stake in the San Antonio Spurs NBA franchise.
Despite food inflation being at 4.2% in the first half of the fiscal year, easing is expected as the year progresses.
Retention is on track to achieve 96% for the current year while maintaining a core underlying margin improvement around a 50 basis point.
Growth in the base business is due to strong performances in higher education and B&I segments, with new business wins coming mostly from competitive bids.
Margin expansion pursuits focus on supply chain efficiencies, cost takeout measures, and optimizing food and labor costs.
Finally, the company is exploring new sales verticals and potential M&A activity aimed at organic growth and increasing management spending.
Aramark的基礎業務、定價和淨新業務均實現了顯著增長。
由於強勁的留存率和新的業務潛力，美國的有機收入同比增長了7％。
所有地區的大學酒店業、體育和娛樂、工作場所體驗都表現出勢頭。
在拉丁美洲的採礦服務和英國的商業餐飲量的帶動下，每個國家和地區都經歷了國際收入的有機增長。
Aramark正在積極討論出售其在聖安東尼奧馬刺隊NBA球隊的剩餘所有權。
儘管本財年上半年的食品通貨膨脹率爲4.2％，但隨着年度的推移，預計將有所緩解。
本年度的留存率有望達到96％，同時將核心基礎利潤率保持在50個點子左右。
基礎業務的增長歸因於高等教育和B&I領域的強勁表現，新業務的勝利主要來自競爭性競標。
利潤擴張的重點是供應鏈效率、成本削減措施以及優化食品和勞動力成本。
最後，該公司正在探索新的銷售垂直領域和潛在的併購活動，旨在實現有機增長和增加管理支出。
More details: Aramark IR
更多詳情： Aramark 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.
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。