Earnings Call Summary | WAJAX CORP(WJXFF.US) Q1 2024 Earnings Conference
Earnings Call Summary | WAJAX CORP(WJXFF.US) Q1 2024 Earnings Conference
Increased selling and administrative expenses to 16.4% was attributed to personnel costs.The following is a summary of the Wajax Corporation (WJXFF) Q1 2024 Earnings Call Transcript:
以下是Wajax公司（WJXFF）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Wajax's Q1 2024 revenue was $482.3 million, a decrease due to lower sales in Construction and Forestry, and Material Handling sales, but partially offset by higher Industrial Parts sales and ERS sales.
Gross profit margin increased to 22% due to a higher proportion of, and higher margins on, Product Support, Industrial Parts, and ERS sales.
Increased selling and administrative expenses to 16.4% was attributed to personnel costs.
There was a 5.3% decrease in adjusted EBITDA to $40.7 million due to lower sales volumes and higher personnel expenses.
Adjusted net earnings fell by 28.5%.
Wajax的2024年第一季度收入爲4.823億美元，這一下降是由於建築和林業以及物料搬運銷售的下降所致，但部分被工業零件銷售和ERS銷售的增加所抵消。
由於產品支持、工業零件和ERS銷售比例的增加和利潤率的提高，毛利率提高到22％。
銷售和管理費用增加到16.4％歸因於人員成本。
由於銷售量減少和人員支出增加，調整後的息稅折舊攤銷前利潤下降了5.3％，至4,070萬美元。
調整後的淨收益下降了28.5％。
Business Progress:
業務進展：
Company is focused on executing six strategic priorities for future growth.
Increased equipment sales are expected due to the new Hitachi Construction Machinery Americas (HCMA) financing program.
Due to an increase in backlog and the new HCMA financing program, the company's inventory is expected to decline.
Future growth stimulus will be commodity prices, budgeting for capital projects, and higher margins on Product Support, Industrial Parts, and ERS sales.
Expansion plans include strategic priorities like growing the base business, specifically in parts, service, and margin improvement.
Identified organic growth opportunities specifically in the product support parts and service, and Industrial Parts and Engineered Repair Service sectors, particularly focusing on Ontario.
公司專注於執行未來增長的六個戰略優先事項。
由於新的日立建築機械美洲公司（HCMA）融資計劃，預計設備銷售將增加。
由於積壓的增加和新的HCMA融資計劃，該公司的庫存預計將下降。
未來的增長刺激措施將是大宗商品價格、資本項目預算以及提高產品支持、工業零件和ERS銷售的利潤率。
擴張計劃包括戰略優先事項，例如發展基礎業務，特別是在零部件、服務和利潤率提高方面。
確定了有機增長機會，特別是在產品支持零件和服務以及工業零件和工程維修服務領域，尤其是在安大略省。
More details: WAJAX CORP IR
更多詳情： WAJAX CORP IR
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。
