Earnings Call Summary | Malibu Boats(MBUU.US) Q3 2024 Earnings Conference
Earnings Call Summary | Malibu Boats(MBUU.US) Q3 2024 Earnings Conference
The following is a summary of the Malibu Boats, Inc. (MBUU) Q3 2024 Earnings Call Transcript:
以下是馬里布船業公司（MBUU）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Malibu Boats reported a decrease in Q3 net sales by 46% to $203.4 million compared to the previous year.
Adjusted EBITDA fell by 69% to $24.4 million, and gross margins decreased by 650 basis points to 20%.
Consolidated net sales per unit increased 12.7% to $160,299 per unit owing to inflation.
Despite a revenue decrease over 40%, the company generated a free cash flow of $12 million, indicating resilience in their business model.
Malibu Boats報告稱，與去年同期相比，第三季度淨銷售額下降了46％，至2.034億美元。
調整後的息稅折舊攤銷前利潤下降了69％，至2440萬美元，毛利率下降了650個點子至20％。
由於通貨膨脹，每單位合併淨銷售額增長了12.7％，至每單位160,299美元。
儘管收入下降了40％以上，但該公司創造了1200萬美元的自由現金流，這表明其商業模式具有彈性。
Business Progress:
業務進展：
Amid economic uncertainties, Malibu Boats has seen gains in its Cobalt's brand share over the year.
The company plans to consolidate production and cut capita expenditure to improve free cash flow.
They plan to return at least $40 million annually to shareholders via share buybacks and/or dividends in fiscal year '25.
The focus is also on building their M&A pipeline, expecting to pursue accretive acquisitions aided by their cash flow profile and unlevered balance sheet.
Despite seeing a softened retail environment, they anticipate better performance from Cobalt and Pursuit brands and aim to stimulate consumer demand with increased promotional activities.
With confidence in their long-term strategy, the company plans proactive capital allocation for stock buybacks and potentially attractive acquisitions.
在經濟不確定性的情況下，馬里布船艇的Cobalt品牌份額在過去一年中有所增加。
該公司計劃整合生產並削減人均支出以改善自由現金流。
他們計劃在25財年通過股票回購和/或分紅每年向股東返還至少4000萬美元。
重點還放在建立併購渠道上，預計將在現金流狀況和未分配資產負債表的幫助下進行增值收購。
儘管零售環境疲軟，但他們預計Cobalt和Pursuit品牌的表現會有所改善，並旨在通過增加促銷活動來刺激消費者需求。
該公司對長期戰略充滿信心，計劃爲股票回購和潛在的有吸引力的收購進行積極的資本配置。
More details: Malibu Boats IR
更多詳情： 馬里布船紅外線
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。