Earnings Call Summary | IHS Holding(IHS.US) Q1 2024 Earnings Conference
Earnings Call Summary | IHS Holding(IHS.US) Q1 2024 Earnings Conference
The following is a summary of the IHS Holding Limited (IHS) Q1 2024 Earnings Call Transcript:
以下是IHS控股有限公司（IHS）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
IHS saw a revenue decrease by 30.7% in Q1 2024 due to the Nigerian currency, Naira, devaluation with Adjusted EBITDA also declining by 44.8%.
The company's ALFCF decreased by 72.2% during Q1 2024 due to less cash from operations and an increase in net interest paid.
Capital expenditure declined by 65% in Q1 of 2024 mainly due to their Nigeria and sub-Saharan Africa segments.
IHS's consolidated net leverage ratio increased to 3.8 at the end of Q1, still within their guidance range of 3-4 times.
Q1 results revealed a significant net loss of $1.6 billion, primary driven by finance costs and unrealized FX losses.
由於尼日利亞貨幣奈拉貶值，IHS在2024年第一季度收入下降了30.7％，調整後的息稅折舊攤銷前利潤也下降了44.8％。
由於運營現金減少和支付的淨利息增加，該公司的ALFCF在2024年第一季度下降了72.2％。
2024年第一季度的資本支出下降了65％，這主要是由於其尼日利亞和撒哈拉以南非洲細分市場。
IHS的合併淨槓桿率在第一季度末提高到3.8，仍在3-4倍的指導範圍內。
第一季度的業績顯示，淨虧損爲16億美元，主要是由財務成本和未實現的外匯虧損所致。
Business Progress:
業務進展：
The quarter saw organic growth of 35% with 270 tenants added, and 523 lease amendments along with the construction of 216 towers.
Contracts were signed and extended with major clients like Airtel in Nigeria and MTN in Zambia and South Africa.
The company is currently reviewing their strategy to increase operating profitability and reduce CapEx to boost cash flow generation.
Plans to dispose of some markets with a target of raising between $500 million to $1 billion over the next year.
Management of the balance sheet is ongoing to control interest expense, extend maturities and shift more debt into local currency.
The company has signed a term loan of $270 million to cut down interest costs and improve liquidity.
Projections for Q2 2024 expect improvements in financial results and margins due to FX adjustments from Q1 2024 devaluation. They remain cautiously optimistic about the 4G to 5G transition in Nigeria despite potential FX instability.
本季度有機增長了35％，增加了270名租戶，修訂了523份租約，建造了216座塔樓。
與尼日利亞的Airtel以及贊比亞和南非的MTN等主要客戶簽署並延長了合同。
該公司目前正在審查其戰略，以提高運營盈利能力並降低資本支出，以促進現金流的產生。
計劃出售一些市場，目標是在明年籌集5億至10億美元。
資產負債表的管理正在進行中，以控制利息支出，延長到期日並將更多債務轉化爲當地貨幣。
該公司已經簽署了2.7億美元的定期貸款，以降低利息成本和提高流動性。
對2024年第二季度的預測預計，由於2024年第一季度貶值後的外匯調整，財務業績和利潤率將有所改善。儘管外匯市場可能存在不穩定性，但他們仍對尼日利亞的4G向5G過渡持謹慎樂觀態度。
More details: IHS Holding IR
更多詳情： IHS 控股投資者關係
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。