Earnings Call Summary | ASSOCIATED BRITISH FOODS PLC ADR EACH CNV INTO 1 ORD GBP0.0568(ASBFY.US) Q2 2024 Earnings Conference
Earnings Call Summary | ASSOCIATED BRITISH FOODS PLC ADR EACH CNV INTO 1 ORD GBP0.0568(ASBFY.US) Q2 2024 Earnings Conference
The following is a summary of the Associated British Foods Plc (ASBFY) Q2 2024 Earnings Call Transcript:
以下是英國聯合食品有限公司（ASBFY）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Associated British Foods reported strong Q2 results, marking the best data in 19 years.
Significant growth seen in revenue in food businesses and retail sector, higher operating profit, improved operating margin, and elevated earnings per share.
Adjusted operating profit significantly increased in the Grocery and Ingredients segments, with profitability also enhancing in the Sugar segment.
7.5% constant currency revenue rise in Retail with £508 million adjusted operating profit and 11.3% margin recovery.
46% boost to earnings per share to £0.904 due to adjusted earnings rise and reduction in shares after buyback.
Positive cash inflow of £468 million due to increased profits and positive working capital movement.
英國聯合食品公佈了強勁的第二季度業績，創下了19年來的最佳數據。
食品業務和零售業收入顯著增長，營業利潤增加，營業利潤率提高，每股收益增加。
雜貨和配料板塊調整後的營業利潤大幅增加，糖業板塊的盈利能力也有所提高。
零售業的固定貨幣收入增長7.5％，調整後的營業利潤爲5.08億英鎊，利潤率回升11.3％。
由於調整後的收益增長和回購後股票減少，每股收益增長了46％，至0.904英鎊。
由於利潤增加和營運資金的積極流動，正現金流入爲4.68億英鎊。
Business Progress:
業務進展：
Advancement in digital strategy with the introduction of Click and Collect service and strong H1 cash flow.
Expansion of Primark by a million square feet.
Noteworthy investments made for capacity, capability, and sustainability including a new Ovaltine facility in Nigeria, decarbonization projects in British Sugar, and expanded capacity for Ohly yeast extracts business.
Expected continued growth in Primark due to investments in automation and technology.
Volume growth observed due to advertising and marketing investments.
Improved margins seen in Ingredients, with profit increase in Agriculture sector despite revenue decline.
Primark delivered 7.5% sales growth and margin recovery of 11.3%.
Focus on digital and brand technology for future growth, anticipating an increase in consumer spending as interest rates fall.
Successful Click + Collect initiative expected to be expanded where brand credibility exists.
Plans for expansion in France and Spain despite European clothing market softness.
通過引入 “點擊提貨” 服務和強勁的上半年現金流，推動了數字戰略的發展。
將 Primark 擴建了一百萬平方英尺。
在產能、能力和可持續發展方面進行了值得注意的投資，包括在尼日利亞新建的Ovaltine工廠、英國糖業的脫碳項目以及擴大Ohly酵母提取物業務的產能。
由於對自動化和技術的投資，預計Primark將繼續增長。
由於廣告和營銷投資，銷售量出現增長。
原料的利潤率有所提高，儘管收入下降，但農業部門的利潤仍有所增加。
Primark實現了7.5％的銷售增長和11.3％的利潤回升。
專注於數字和品牌技術以實現未來增長，預計隨着利率的下降，消費者支出將增加。
成功的 Click + Collect 計劃有望在存在品牌信譽的地方得到擴展。
儘管歐洲服裝市場疲軟，但仍計劃在法國和西班牙進行擴張。
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。