Earnings Call Summary | Lavoro(LVRO.US) Q2 2024 Earnings Conference
Earnings Call Summary | Lavoro(LVRO.US) Q2 2024 Earnings Conference
The following is a summary of the Lavoro Limited (LVRO) Q2 2024 Earnings Call Transcript:
以下是Lavoro Limited（LVRO）2024年第二季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Lavoro reported a slight revenue increase in Q2, reaching $618 million.
A notable success was the 20% growth in Crop Care's revenues and gross profits.
However, Q2 gross profit and adjusted EBITDA saw decreases of 17% and 48% respectively over the prior year period.
Gross profit contracted to 16.7% due to a decrease of 17% to $103 million.
Adjusted EBITDA declined significantly to $40.1 million, down by $37.4 million from the previous year, constricting the EBITDA margin to 6.5%.
Increased selling, general, and administrative expenses by 300 basis points to 11.3% impacted the bottom line as it led the adjusted net profit to decline by $34.8 million to $2.6 million.
Lavoro報告稱，第二季度收入略有增長，達到6.18億美元。
一個顯著的成功是Crop Care的收入和毛利潤增長了20％。
但是，第二季度的毛利潤和調整後的息稅折舊攤銷前利潤分別比上年下降了17％和48％。
由於下降17％至1.03億美元，毛利收縮至16.7％。
調整後的息稅折舊攤銷前利潤大幅下降至4,010萬美元，比上年下降3,740萬美元，使息稅折舊攤銷前利潤率縮小至6.5％。
銷售、一般和管理費用增加了300個點子至11.3％，影響了利潤，這導致調整後的淨利潤下降了3,480萬美元，至260萬美元。
Business Progress:
業務進展：
Lavoro managed to achieve substantial volume growth in crop protection, fertilizers, and specialty products by 46%, 63%, and 29% respectively.
Industry transformation is anticipated due to current market landscape according to Lavoro.
Strategic sales force enhancement with the hiring of over 1,040 RTVs in Brazil contributed to the company's market share gain.
Lavoro experienced revenue growth in its Brazil Ag Retail and Crop Care segments, with the latter driven by specialty fertilizer product Integra and strategic acquisitions.
Even in the drought-affected areas, the company remains committed to meeting farmers' needs, and plans to focus its increased R&D expenditure on hiring new experienced sales consultants to promote sales growth in the next financial year.
Lavoro成功實現了作物保護、肥料和特種產品的銷量分別大幅增長了46％、63％和29％。
根據Lavoro的說法，由於當前的市場格局，預計行業將發生轉型。
在巴西招聘了超過1,040輛RTV，從而增強了戰略銷售隊伍，這爲公司的市場份額增長做出了貢獻。
Lavoro在巴西農業零售和作物護理板塊實現了收入增長，後者受特種肥料產品Integra和戰略收購的推動。
即使在受乾旱影響的地區，該公司仍致力於滿足農民的需求，並計劃將增加的研發支出集中在僱用新的經驗豐富的銷售顧問上，以促進下一個財政年度的銷售增長。
More details: Lavoro IR
更多詳情： 紅外勞工
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。