Earnings Call Summary | SAVARIA CORP(SISXF.US) Q1 2024 Earnings Conference
Earnings Call Summary | SAVARIA CORP(SISXF.US) Q1 2024 Earnings Conference
The following is a summary of the Savaria Corporation (SISXF) Q1 2024 Earnings Call Transcript:
以下是薩瓦里亞公司(SISXF)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Savaria Corporation reported Q1 2024 revenue of $209.4 million, primarily due to divestitures but partially offset by organic growth.
Gross margin reaching record levels of 36% compared to 34% in Q1 2023.
North American accessibility revenue experienced an overall growth of 11%.
EBITDA margins stand at $34.7 million and 16.6%, marking an improvement from the previous year.
薩瓦里亞公司報告稱,2024年第一季度收入爲2.094億美元,主要歸因於資產剝離,但部分被有機增長所抵消。
毛利率達到創紀錄的36%,而2023年第一季度爲34%。
北美無障礙收入的總體增長了11%。
息稅折舊攤銷前利潤率爲3,470萬美元,爲16.6%,比上年有所改善。
Business Progress:
業務進展:
Initiatives like 'Access Plus' and 'Savaria One' have improved profitability despite a minor decrease in revenues.
The company aims to achieve a growth target of $1 billion by 2025 through operational improvements and potential acquisitions.
Savaria expects growth in its European market and a continuous organic growth in the North American market.
The company is investing in programs like Savaria One to enhance efficiencies, operational flow, and expects some product-related improvements in Q2.
Savaria acquired Matot to expand its product portfolio, aiming to broaden the market for these products with its larger dealer network.
儘管收入略有下降,但 “Access Plus” 和 “Savaria One” 等舉措仍提高了盈利能力。
該公司的目標是通過運營改善和潛在的收購,到2025年實現10億美元的增長目標。
薩瓦里亞預計,其歐洲市場將增長,北美市場將持續有機增長。
該公司正在投資諸如Savaria One之類的項目,以提高效率和運營流程,並預計第二季度會有一些與產品相關的改進。
Savaria收購了Matot以擴大其產品組合,旨在通過其更大的經銷商網絡擴大這些產品的市場。
More details: SAVARIA CORP IR
更多詳情: SAVARIA 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.
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。