Earnings Call Summary | Dole Plc(DOLE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Dole Plc(DOLE.US) Q1 2024 Earnings Conference
The following is a summary of the Dole Plc. (DOLE) Q1 2024 Earnings Call Transcript:
以下是都樂集團的摘要。(DOLE) 2024 年第一季度業績電話會議記錄：
Financial Performance:
財務業績：
Dole Plc. reported Q1 revenue of $2.1 billion, a 6.6% increase, and adjusted EBITDA increased by 9.7% to $110 million.
The adjusted net income increased by $8.3 million to $40.6 million, with adjusted EPS increasing by 26% to $0.43 a share.
The company utilized the proceeds from the sale of a 65% interest in progressive projects to repay debt, which resulted in a reduced net leverage to 2 times.
The full-year adjusted EBITDA target stands at a minimum of $360 million, adjusted considering the progressive project disposal.
都樂集團公佈的第一季度收入爲21億美元，增長6.6％，調整後的息稅折舊攤銷前利潤增長9.7％，至1.1億美元。
調整後的淨收入增加了830萬美元，至4,060萬美元，調整後的每股收益增長了26％，至每股0.43美元。
該公司利用出售累進項目65％權益的收益來償還債務，這使淨槓桿率降至2倍。
全年調整後的息稅折舊攤銷前利潤目標至少爲3.6億美元，經調整後考慮到項目的漸進處置。
Business Progress:
業務進展：
There was significant growth in the adjusted EBITDA due to a strong performance in the diversified fresh produce America and EMEA segments, along with a steady showing from the fresh fruit segment.
Their sale agreement of the Fresh Vegetable division to Fresh Express was called off due to the DOJ choosing to pursue litigation, leading the company to explore other beneficial alternatives.
They anticipate higher costs on account of regulatory changes and periodic dry docking related expenses, even though the Fresh Food segment delivered well in Q1 2024.
Their diverse sourcing of infrastructure, broad customer base, strong management, and expansion focus lend them confidence in replicating their strong Q1 performance throughout 2024.
The focus for 2024 includes maximizing profitability in businesses affected by the post-pandemic supply chain issues, expanding the Diversified EMEA and Americas divisions, and maintaining an optimally balanced capital structure.
調整後的息稅折舊攤銷前利潤顯著增長，這要歸因於多元化的新鮮農產品美國和歐洲、中東和非洲細分市場的強勁表現，以及新鮮水果板塊的穩定表現。
由於司法部選擇提起訴訟，他們向Fresh Express出售新鮮蔬菜部門的協議被取消，這促使該公司探索其他有益的替代方案。
他們預計，儘管新鮮食品板塊在2024年第一季度表現良好，但由於監管變化和定期的幹船停運相關費用，成本會增加。
他們多樣化的基礎設施來源、廣泛的客戶群、強大的管理和擴張重點使他們有信心在2024年全年重現第一季度的強勁業績。
2024年的重點包括最大限度地提高受疫情後供應鏈問題影響的企業的盈利能力，擴大多元化的歐洲、中東和非洲和美洲部門，以及保持最佳平衡的資本結構。
More details: Dole plc IR
更多詳情： Dole plc IR
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譯文內容由第三人軟體翻譯。