Earnings Call Summary | Stantec(STN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Stantec(STN.US) Q1 2024 Earnings Conference
The following is a summary of the Stantec Inc. (STN) Q1 2024 Earnings Call Transcript:
以下是Stantec Inc.（STN）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Stantec reported record net revenue for Q1 2024 with a 12% increase, composed of 7% organic and 6% acquisition growth.
Gross revenue and net revenue stood at $1.7 billion and $1.4 billion respectively.
Adjusted EBITDA increased to $212 million alongside a 15.5% margin leading to a 23% increase in the adjusted EPS of $0.90.
Diluted EPS increased by 19% to $0.70, while the adjusted counterpart increased by 23% to $0.90.
Maintaining a DSO at 79 days, the company stayed below the target of 80 days.
Net debt to adjusted EBITDA ratio was 1.5x, reflecting funding for ZETCON and Morrison Hershfield acquisitions.
The U.S. business experienced a 14% increase in net revenue.
Stantec報告了2024年第一季度創紀錄的淨收入，增長了12％，其中包括7％的有機增長和6％的收購增長。
總收入和淨收入分別爲17億美元和14億美元。
調整後的息稅折舊攤銷前利潤增至2.12億美元，利潤率爲15.5％，調整後的每股收益增長了23％，達到0.90美元。
攤薄後的每股收益增長了19％，至0.70美元，而調整後的每股收益增長了23％，至0.90美元。
該公司將DSO維持在79天，但仍低於80天的目標。
淨負債與調整後的息稅折舊攤銷前利潤比率爲1.5倍，反映了對ZETCON和莫里森·赫什菲爾德收購的融資。
美國業務的淨收入增長了14％。
Business Progress:
業務進展：
Stantec closed acquisitions of ZETCON and Morrison Hershfield, the companies grew by over 5% organically since.
A significant acquisition was made of Hydrock, a firm specialising in integrated engineering design and sustainability consultancy.
The backlog reached a record $7 billion at quarter end.
Major project wins included a design build project worth $175 million for Arlington County, $186 million agreement with BC Hydro and Power Authority and $595 million wastewater system upgrade collaboration in Sydney, Australia.
Their Infrastructure business experienced growth due to the release of about 40% of IIJA funds.
Stantec announced three M&A deals, and projects an acceleration in their investment in cloud infrastructure due to increased demand.
Expansion of operations in the U.K. through Hydrock acquisition was completed.
The company aims to double its manpower in integrated delivery centers from 1,000 to 2,000 in the next three years.
Stantec plans expansion into the Nordics, and is improving project margins by relying more on in-house resources rather than subcontractors.
An increase in opportunities, particularly in the transportation sector, is observed due to the IIJA funding.
Stantec完成了對ZETCON和莫里森·赫什菲爾德的收購，此後兩家公司的有機增長了5％以上。
對專門從事綜合工程設計和可持續發展諮詢的公司Hydrock進行了重大收購。
截至季度末，積壓量達到創紀錄的70億美元。
主要項目獲勝包括阿靈頓縣價值1.75億美元的設計建造項目，與不列顛哥倫比亞省水電局簽訂的1.86億美元協議，以及澳大利亞悉尼5.95億美元的污水系統升級合作。
由於約40％的IIJA基金的釋放，他們的基礎設施業務實現了增長。
Stantec宣佈了三項併購協議，並預計由於需求增加，他們將加速對雲基礎設施的投資。
通過收購Hydrock完成了在英國的業務擴張。
該公司的目標是在未來三年內將其在綜合交付中心的人力從1,000人增加到2,000人。
Stantec計劃向北歐擴張，並通過更多地依賴內部資源而不是分包商來提高項目利潤率。
由於IIJA的資助，可以觀察到機會的增加，尤其是在交通領域。
More details: Stantec IR
更多詳情： Stantec 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。