Earnings Call Summary | The Baldwin Insurance Group(BRP.US) Q1 2024 Earnings Conference
Earnings Call Summary | The Baldwin Insurance Group(BRP.US) Q1 2024 Earnings Conference
The following is a summary of the BRP Group, Inc. (BRP) Q1 2024 Earnings Call Transcript:
以下是BRP集團公司（BRP）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
BRP Group reported a 16% organic revenue growth led by all segments in Q1 2024.
EBITDA margin expanded to 26.7%.
Free cash flow growth was 51%, amounting to $53 million.
Revenue was reported at $380 million, and the net income at $39.1 million.
Adjusted net income was $65.3 million or $0.56 per fully diluted share.
Adjusted EBITDA rose 29% to $102 million.
BRP集團報告稱，2024年第一季度所有細分市場的有機收入增長了16％。
息稅折舊攤銷前利潤率擴大至26.7％。
自由現金流增長了51％，達到5300萬美元。
報告收入爲3.8億美元，淨收入爲3,910萬美元。
調整後的淨收益爲6,530萬美元，攤薄後每股收益爲0.56美元。
調整後的息稅折舊攤銷前利潤增長了29％，至1.02億美元。
Business Progress:
業務進展：
BRP Group has been rebranded as The Baldwin Insurance Group, Inc, which is expected to yield revenue, cost, and cultural synergies.
There has been solid organic growth in all segments, with record new client wins.
The company aims to grow their margins and expand free cash flow through leveraging talent and technology.
A strong focus is maintained on client retention, and they have seen promising recovery in their construction practice.
Full year 2024 guidance remains at revenue of $1.35 billion to $1.4 billion, adjusted EBITDA of $315 million to $330 million, and free cash flow of $165 million to $195 million.
BRP集團已更名爲鮑德溫保險集團有限公司，預計將產生收入、成本和文化協同效應。
所有細分市場均實現了穩健的有機增長，贏得了創紀錄的新客戶。
該公司的目標是通過利用人才和技術來增加利潤率並擴大自由現金流。
他們一直非常注重客戶留存率，他們的建築業務出現了可喜的復甦。
2024年全年預期收入仍爲13.5億美元至14億美元，調整後的息稅折舊攤銷前利潤爲3.15億美元至3.3億美元，自由現金流爲1.65億美元至1.95億美元。
More details: The Baldwin Insurance Group IR
更多詳情： 鮑德溫保險集團投資者關係
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。