Earnings Call Summary | USINAS SID MINAS GERAIS USIMINAS SPON ADR EACH REP 1 PRF NPV(USNZY.US) Q1 2024 Earnings Conference
Earnings Call Summary | USINAS SID MINAS GERAIS USIMINAS SPON ADR EACH REP 1 PRF NPV(USNZY.US) Q1 2024 Earnings Conference
The following is a summary of the Usinas Siderúrgicas De Minas Gerais S.A. (USNZY) Q1 2024 Earnings Call Transcript:
以下是 Usinas Siderurgicas De Minas Gerais S.A.（USNZY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Usinas Siderúrgicas De Minas Gerais reported Q1 2024 net revenue of BRL 6.2 billion, an 8% decline QoQ due to unfavorable mining unit performance.
Adjusted EBITDA for the quarter stood at BRL 416 million with a 7% margin, marking a 28% QoQ improvement from non-recurring effects and improved performance in the steel unit.
The company's net income rested at BRL 36 million, negatively influenced by the dollar's appreciation in the financial results.
Despite an 18% quarterly increase in the volume of imported steel, the firm managed to maintain a constant steel sales volume of 1 million tons.
An 11% reduction in the cost of goods sold (COGS) in the steel mill unit signaled efficient cost management.
由於礦業部門表現不佳，Usinas Sideru'rgicas De Minas Gerais報告稱，2024年第一季度淨收入爲62億雷亞爾，環比下降8％。
本季度調整後的息稅折舊攤銷前利潤爲4.16億雷亞爾，利潤率爲7％，這標誌着鋼鐵部門因非經常性影響和業績改善而環比增長了28％。
受美元財務業績升值的負面影響，該公司的淨收入爲3,600萬巴西雷亞爾。
儘管進口鋼鐵量季度增長了18％，但該公司仍設法保持了100萬噸的恒定鋼鐵銷售量。
鋼廠單位的商品銷售成本（COGS）降低了11％，這表明了有效的成本管理。
Business Progress:
業務進展：
The company has made considerable strides with the ramp-up of Blast Furnace 3, concentrating on industrial process efficiency and cost-cutting.
With an ecological target for 2030 of reducing greenhouse gas emissions by 15%, the firm is prioritising energy efficiency, the use of bio-resources, renewable energy harnessing, and raw materials optimization.
Despite demanding market conditions at the start of 2024, the company predicts market stabilization and consistent steel sales in Q2.
The company aims to improve its management model focusing on operational excellence, community engagement, and environmental safety despite anticipated short-term challenges from the international market.
The company has made operational improvements, using Blast Furnace 3 for steel production, allowing them to produce between 80-90% of their capacity during certain periods.
The company expects the year's sales volume to be lower than the previous year due to parallelization of some areas and the development of new operations.
隨着Blast Furnace 3的升級，該公司取得了長足的進步，專注於工業過程效率和成本削減。
公司的生態目標是到2030年將溫室氣體排放量減少15％，因此優先考慮能源效率、生物資源的使用、可再生能源利用和原材料優化。
儘管2024年初市場條件嚴峻，但該公司預測第二季度市場將穩定並保持鋼鐵銷售穩定。
儘管預計國際市場將面臨短期挑戰，但該公司的目標是改善其以卓越運營、社區參與和環境安全爲重點的管理模式。
該公司對運營進行了改進，使用高爐3進行鋼鐵生產，使他們在特定時期能夠生產80-90％的產能。
該公司預計，由於某些領域的並行化和新業務的發展，今年的銷售量將低於上年。
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。