Earnings Call Summary | HENSOLDT AG UNSPON ADS EACH REP 1/2 ORD SHS(HAGHY.US) Q1 2024 Earnings Conference
Earnings Call Summary | HENSOLDT AG UNSPON ADS EACH REP 1/2 ORD SHS(HAGHY.US) Q1 2024 Earnings Conference
First quarter cash generation significantly improved year-on-year because of initial prepayments from a German customer.The following is a summary of the Hensoldt AG (HAGHY) Q1 2024 Earnings Call Transcript:
以下是亨索爾特股份公司（HAGHY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Hensoldt AG in Q1 2024 reported a record order backlog of €5.9 billion and a revenue of €329 million.
The company's adjusted EBITDA increased to €33 million (10.3% margin) and adjusted EBIT to €11 million (3.2% margin).
First quarter cash generation significantly improved year-on-year because of initial prepayments from a German customer.
A slight impact on adjusted EBIT margin occurred due to increased amortization of capitalized R&D expenses.
Net leverage by the end of Q1 2024 was at 0.6 times, factoring in the capital increase to partially finance the ESG acquisition.
Approximately €7-€8 million gain in interest income due to hedging strategy and interest derived from cash management.
Hensoldt AG在2024年第一季度報告了創紀錄的59億歐元積壓訂單，收入爲3.29億歐元。
該公司調整後的息稅折舊攤銷前利潤增至3,300萬歐元（利潤率爲10.3％），調整後的息稅前利潤增至1,100萬歐元（利潤率爲3.2％）。
由於德國客戶的初始預付款，第一季度的現金產生量同比顯著改善。
由於資本化研發費用的攤銷增加，調整後的息稅前利潤率略有影響。
截至2024年第一季度末，淨槓桿率爲0.6倍，其中考慮到爲ESG收購提供部分資金的增資。
由於套期保值策略和現金管理產生的利息，利息收入約爲700萬至800萬歐元。
Business Progress:
業務進展：
Hensoldt AG has prioritized operational excellence, digitalization, and internationalization in the near and medium term.
Expansion of production capacities and strengthening of supply chains are underway, with TRML-4D radar production increasing fivefold in the past three years.
A recent acquisition of ESG has been made to bolster a shift towards digitization and software-driven future.
Order intake in Q1 stood at a hefty €665 million with meaningful contracts for short and very short-range air defense systems and the TRML-4D radar.
Hensoldt predicts international growth boost in 2024 from leveraging its portfolio and customer base.
Notable growth in sensor competences, accompanied by the ESG acquisition.
Collaborative projects with major companies like Thales, KNDS, and Rheinmetall are in the pipeline.
The company has plans for expansion in the UK, France, and South Africa, focusing on different system specialisations in each region.
Hensoldt is transitioning to next-gen gimbal in optronics and anticipates a potential of approximately €2 billion from the European Skyshield program.
Implementation of OneSAPnow is ongoing as part of efficiency planning, expecting returns to outweigh investments in the longer run.
Hensoldt AG在短期和中期內將卓越運營、數字化和國際化作爲優先事項。
生產能力的擴大和供應鏈的加強正在進行中，TRML-4D 雷達的產量在過去三年中增長了五倍。
最近收購了ESG，以支持向數字化和軟件驅動的未來的轉變。
第一季度的訂單量高達 6.65 億歐元，短程和超短程防空系統和 TRML-4D 雷達的合同意義重大。
Hensoldt預測，通過利用其投資組合和客戶群，2024年的國際增長將得到提振。
傳感器能力顯著增長，同時收購了ESG。
與泰雷茲、KNDS和萊茵金屬等大公司的合作項目正在籌備中。
該公司計劃在英國、法國和南非進行擴張，重點關注每個地區的不同系統專業領域。
Hensoldt正在向光電子領域的下一代雲臺過渡，並預計歐洲Skyshield計劃可能帶來約20億歐元的收入。
作爲效率規劃的一部分，OneSapNow的實施正在進行中，預計從長遠來看，回報將超過投資。
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。