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Earnings Call Summary | WAJAX CORP(WJXFF.US) Q1 2024 Earnings Conference

Earnings Call Summary | WAJAX CORP(WJXFF.US) Q1 2024 Earnings Conference

業績電話會議摘要 | WAJAX CORP (WJXFF.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/05 11:01  · 電話會議

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

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譯文內容由第三人軟體翻譯。


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