Earnings Call Summary | Astec Industries(ASTE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Astec Industries(ASTE.US) Q1 2024 Earnings Conference
The following is a summary of the Astec Industries, Inc. (ASTE) Q1 2024 Earnings Call Transcript:
以下是阿斯泰克工業公司（ASTE）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Astec Industries reported Q1 net sales of $309.2 million, experienced mainly due to headwinds in the Materials Solutions segment.
The reported gross margin for the quarter was 24.9%.
The Infrastructure Solutions segment reported a decrease in net sales by 6.2% to $202.2 million due to supply chain delays.
There was a significant decrease of 19.1% in net sales in the Materials Solution segment, which reported net sales of $107 million.
Astec Industries報告稱，第一季度淨銷售額爲3.092億美元，這主要是由於材料解決方案板塊的不利因素。
該季度報告的毛利率爲24.9％。
基礎設施解決方案板塊報告稱，由於供應鏈延遲，淨銷售額下降了6.2％，至2.022億美元。
材料解決方案板塊的淨銷售額大幅下降了19.1％，該板塊報告的淨銷售額爲1.07億美元。
Business Progress:
業務進展：
Astec Industries has initiated cost reduction strategies and strategic plans to counter market setbacks.
The company is focusing on bringing new products to the market and has been enhancing its aftermarket practices across both the Infrastructure and Materials Solutions segments.
Despite the decline, the company's backlog levels managed to reach a historic peak for the quarter, catering to the increased demand for products and aiding in sales boost.
They have announced a new strategic approach aimed at sustainable value creation with three key pillars - employee empowerment, customer-focused practice, and industry-changing innovation.
Astec Industries showcased several innovative products at the 2024 World of Asphalt/Agg1 trade event, highlighting their commitment to providing industry-changing solutions.
Despite supply chain issues, the company has found alternative suppliers and continues to monitor pricing and inflation trends.
Astec Industries已經啓動了成本削減戰略和戰略計劃，以應對市場挫折。
該公司專注於將新產品推向市場，並一直在加強其在基礎設施和材料解決方案領域的售後市場慣例。
儘管有所下降，但該公司的積壓量仍成功達到本季度的歷史最高水平，這滿足了對產品需求的增長並促進了銷售增長。
他們宣佈了一項旨在可持續價值創造的新戰略方針，其三大支柱是員工賦權、以客戶爲中心的實踐和改變行業的創新。
Astec Industries在2024年的瀝青世界/Agg1貿易活動中展示了幾款創新產品，突顯了他們對提供改變行業的解決方案的承諾。
儘管存在供應鏈問題，但該公司還是找到了替代供應商，並繼續監控定價和通貨膨脹趨勢。
More details: Astec Industries IR
更多詳情： 阿斯泰克工業投資者關係
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。