Earnings Call Summary | MRC Global(MRC.US) Q1 2024 Earnings Conference
Earnings Call Summary | MRC Global(MRC.US) Q1 2024 Earnings Conference
The following is a summary of the MRC Global Inc. (MRC) Q1 2024 Earnings Call Transcript:
以下是MRC环球公司（MRC）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
In Q1, MRC Global generated $38 million in operating cash flow with an expectation of $200 million for the year.
The company reported a 5% increase in revenue over Q4 2023, with a total of $806 million.
Adjusted gross margins were reported at 21.6%, with a net income of $13 million or $0.15 per diluted share on an average cost basis.
The company plans on early repayment of its term loan to reduce ongoing interest expense by 150 basis points for the remaining balance on its ABL facility.
MRC Global anticipates double-digit revenue growth in its international business and plans to invest $40 to $45 million in CapEx this year with the aim of achieving a 7% EBITDA margin goal.
在第一季度，MRC Global创造了3,800万美元的运营现金流，预计该年度的运营现金流为2亿美元。
该公司报告称，与2023年第四季度相比，收入增长了5％，总额为8.06亿美元。
调整后的毛利率为21.6％，净收益为1300万美元，按平均成本计算，摊薄每股收益为0.15美元。
该公司计划提前偿还定期贷款，以将其ABL贷款的剩余余额的持续利息支出减少150个基点。
MRC Global预计其国际业务收入将实现两位数的增长，并计划今年在资本支出上投资4000万至4,500万美元，目标是实现7％的息税折旧摊销前利润率目标。
Business Progress:
业务进展：
There was growth in all sectors, including DIET, Gas Utility, and PTI.
66% of the company's U.S orders were placed digitally in Q1, showing progress in digital strategy.
MRC Global is undergoing an Oracle cloud-based ERP project to improve efficiency and customer integration.
The Gas Utilities sector plans on reducing inventory to achieve natural growth of 5% to 7% by 2025.
The company's entrance into the chemical market has seen positive feedback through successful integration in customers' MRO business and new projects.
Some projects have shifted schedules and despite the positively achieved strides, MRC Global remains conservative about raising guidance.
所有行业均有所增长，包括DIET、天然气公用事业和PTI。
该公司在第一季度在美国的订单中有66％是通过数字方式下达的，这表明数字战略取得了进展。
MRC Global正在实施一项基于甲骨文的ERP项目，以提高效率和客户整合。
天然气公用事业行业计划减少库存，到2025年实现5％至7％的自然增长。
通过成功整合客户的MRO业务和新项目，该公司进入化工市场获得了积极的反馈。
一些项目已经改变了时间表，尽管取得了积极的进展，但MRC Global对提高指导意见仍然持保守态度。
More details: MRC Global IR
更多详情： MRC 全球投资者关系
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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。