Earnings Call Summary | JERONIMO MARTINS SGPS UNSP ADR EACH REPR 2 ORD(JRONY.US) Q1 2024 Earnings Conference
Earnings Call Summary | JERONIMO MARTINS SGPS UNSP ADR EACH REPR 2 ORD(JRONY.US) Q1 2024 Earnings Conference
The following is a summary of the Jerónimo Martins, SGPS, S.A. (JRONY) Q1 2024 Earnings Call Transcript:
以下是傑羅尼莫·馬丁斯、SGPS、S.A.（JRONY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Jerónimo Martins reported an EBITDA growth of 13.9% or 5.1% at constant exchange rates in Q1 2024.
Despite strong sales, the EBITDA margin contracted by 26 basis points due to increased competition and challenges from food and cost deflation.
Net earnings remained consistent with the same quarter of the last fiscal year.
A net cash position of €1 billion was maintained, excluding capitalized leases.
There was an improvement in working capital, aided by changes in payment terms for smaller suppliers.
傑羅尼莫·馬丁斯報告稱，按固定匯率計算，2024年第一季度的息稅折舊攤銷前利潤增長了13.9％，增長了5.1％。
儘管銷售強勁，但由於競爭加劇以及食品和成本通縮帶來的挑戰，息稅折舊攤銷前利潤率收縮了26個點子。
淨收益與上一財年同期持平。
淨現金狀況維持在10億歐元，不包括資本化租賃。
在小型供應商付款條件變化的推動下，營運資金有所改善。
Business Progress:
業務進展：
The company experienced growth in like-for-like sales volume across all its banners including Biedronka, Pingo Doce, Recheio, and Ara.
An aggressive store expansion initiative was undertaken with new store openings across multiple banners.
The company also invested in infrastructure to bolster market position and operational efficiency.
Work continues on strategic priorities aimed at ensuring customer preference and protecting profitability.
Despite challenging market conditions, the company managed growth through quality assortments, appealing stores, and efficient logistics and plans to continue investing in price point and quality of offerings.
Gross margin contraction across segments was offset partially by growth solutions and supplier investments.
該公司在包括Biedronka、Pingo Doce、Recheio和Ara在內的所有旗幟的銷量均實現了同比增長。
採取了一項積極的門店擴張計劃，在多個橫幅上開設新門店。
該公司還投資了基礎設施，以提高市場地位和運營效率。
旨在確保客戶偏好和保護盈利能力的戰略優先事項的工作仍在繼續。
儘管市場條件充滿挑戰，但該公司還是通過優質的產品組合、吸引人的門店和高效的物流實現了增長，並計劃繼續投資於價位和產品質量。
增長解決方案和供應商投資部分抵消了各細分市場的毛利率萎縮。
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。