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Earnings Call Summary | Ryan Specialty Holdings(RYAN.US) Q1 2024 Earnings Conference

Earnings Call Summary | Ryan Specialty Holdings(RYAN.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 瑞安專業控股公司(RYAN.US)2024 年第一季度業績會議
富途資訊 ·  05/04 08:56  · 電話會議

The following is a summary of the Ryan Specialty Holdings, Inc. (RYAN) Q1 2024 Earnings Call Transcript:

以下是瑞安專業控股公司(RYAN)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Ryan Specialty reported a Q1 revenue growth of 20.6% YoY, totalling $552 million, primarily driven by organic growth and contributions from M&A.

  • Adjusted EBITDAC increased significantly by 25.8% to $157 million thanks to both revenue growth and the ACCELERATE 2025 initiative's savings.

  • The company saw an increase in Adjusted EBITDAC margin by 120 basis points to 28.5%.

  • Adjusted diluted EPS grew notably by 34.6% to $0.35 per share.

  • Apart from revenue growth, the company also declared their first dividend along with a regular quarterly dividend of $0.11.

  • Ryan Specialty報告稱,第一季度收入同比增長20.6%,總額爲5.52億美元,這主要是由有機增長和併購的貢獻推動的。

  • 調整後的息稅折舊攤銷前利潤同比大幅增長25.8%,達到1.57億美元,這要歸功於收入增長和2025年加速計劃的節省。

  • 該公司調整後的息稅折舊攤銷前利潤率增加了120個點子,至28.5%。

  • 調整後的攤薄每股收益顯著增長34.6%,至每股0.35美元。

  • 除了收入增長外,該公司還宣佈了首次分紅以及0.11美元的定期季度股息。

Business Progress:

業務進展:

  • Ryan Specialty continues its growth momentum from 2023; with contributions seen from all specialties and recent acquisitions.

  • Major progress can be seen with the acquisition of Castel Underwriting Agencies that enhanced the company's offerings, expanded its presence in the UK and Europe, and sped up its international expansion.

  • The ACCELERATE 2025 program continues to yield cost savings, expected to reach approximately $60 million in 2025.

  • Stronger retention rates and winning substantial new business indicate a positive performance trajectory.

  • The company reconfirmed the full-year 2024 guidance. Ryan's growth strategy includes organic investments in the business, disciplined M&A, and returning excess cash to shareholders.

  • Ryan Specialty從2023年起繼續保持增長勢頭;所有專業領域和最近的收購都做出了貢獻。

  • 收購Castel承保機構可以看到重大進展,這增強了公司的產品範圍,擴大了在英國和歐洲的業務,並加快了其國際擴張。

  • 加速2025年計劃繼續節省成本,預計到2025年將達到約6000萬美元。

  • 更高的留存率和贏得大量新業務表明了良好的業績軌跡。

  • 該公司重申了2024年全年指引。瑞安的增長戰略包括對業務的有機投資、嚴格的併購以及向股東返還多餘的現金。

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。


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