Earnings Call Summary | The AZEK(AZEK.US) Q2 2024 Earnings Conference
Earnings Call Summary | The AZEK(AZEK.US) Q2 2024 Earnings Conference
The following is a summary of the The AZEK Company Inc. (AZEK) Q2 2024 Earnings Call Transcript:
以下是阿澤克公司（AZEK）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
AZEK reported Q2 consolidated net sales increase of 11% year-over-year to $418 million.
For the year's first half, sales increased 11% year-over-year to $658.9 million.
The company's 2024 year-end adjusted EBITDA is now expected to range between 25.8% and 26.4%, indicating progress towards its 27.5% objective.
AZEK finished the quarter with cash and cash equivalents of $227 million.
Given its strong performance, the company is raising its fiscal year 2024 net sales and adjusted EBITDA outlook.
AZEK報告稱，第二季度合併淨銷售額同比增長11％，達到4.18億美元。
上半年的銷售額同比增長11％，達到6.589億美元。
該公司2024年年終調整後的息稅折舊攤銷前利潤現在預計將在25.8％至26.4％之間，這表明在實現其27.5％的目標方面取得了進展。
AZEK在本季度結束時現金及現金等價物爲2.27億美元。
鑑於其強勁的業績，該公司正在提高其2024財年的淨銷售額和調整後的息稅折舊攤銷前利潤展望。
Business Progress:
業務進展：
AZEK's TimberTech brand is strengthening across all channels, with growth seen in sample orders and website visits.
Product innovations such as the TimberTech Composite Terrain Plus are driving contractor productivity.
Geographic recycling footprint expansion with a new Texas-based operation is underway.
Investments are planned for 2024 to fuel both organic and inorganic business growth, and to maintain a focus on sales and marketing initiatives.
The company obtained an ignition resistance designation from California, strengthening its position in the premium market.
Expansion in capacity and sourcing capabilities was achieved, with new operations in Texas contributing to sourcing premium pure white PVC.
The company is on track with siding capacity expansion and is planning further expansions via tuck-in acquisitions to expand their capabilities in recycling.
AZEK的TimberTech品牌正在所有渠道上得到加強，樣品訂單和網站訪問量均有所增長。
諸如TimberTech複合地形Plus之類的產品創新正在提高承包商的生產力。
正在通過一項位於德克薩斯州的新業務來擴大地域回收覆蓋範圍。
計劃在2024年進行投資，以推動有機和無機業務增長，並保持對銷售和營銷舉措的關注。
該公司從加利福尼亞獲得了耐點火稱號，鞏固了其在高端市場的地位。
產能和採購能力得以擴大，德克薩斯州的新業務爲採購優質純白聚氯乙烯做出了貢獻。
該公司的產能擴張步入正軌，並計劃通過收購進一步擴張，以擴大其回收能力。
More details: The AZEK IR
更多詳情： AZEK 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.
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。