Earnings Call Summary | NAVIGATOR COMPANY SA(POELF.US) Q1 2024 Earnings Conference
Earnings Call Summary | NAVIGATOR COMPANY SA(POELF.US) Q1 2024 Earnings Conference
The following is a summary of the The Navigator Company, S.A. (POELF) Q1 2024 Earnings Call Transcript:
以下是美國航海家公司（POELF）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
The Navigator Company reported a Q1 total turnover of EUR 536 million, marking an increase of 9% from the last quarter and 7% year-on-year.
EBITDA for the quarter was EUR 133 million, with a strong EBITDA margin of 25%.
There was a significant reduction in cash costs across all segments in the year-on-year comparison going from 9% to 16%.
The company implemented price increases for uncoated woodfree paper with prices increasing by around 3% in Europe, 4% outside Iberia and 9% in overseas markets.
Despite gross margin reduction between Q4 2023 and Q1 2024, pulp prices increased by 7%.
Navigator公司報告稱，第一季度總營業額爲5.36億歐元，比上個季度增長9％，同比增長7％。
該季度的息稅折舊攤銷前利潤爲1.33億歐元，息稅折舊攤銷前利潤率高達25％。
相比之下，所有細分市場的現金成本均大幅下降，從9％降至16％。
該公司對無塗層無木紙進行了提價，歐洲的價格上漲了約3％，伊比利亞以外地區的價格上漲了4％，海外市場的價格上漲了9％。
儘管在2023年第四季度至2024年第一季度之間毛利率有所下降，但紙漿價格仍增長了7％。
Business Progress:
業務進展：
The company launched an offer to acquire Accrol, a leading independent converter in the U.K.'s consumer tissue market, which is expected to double their tissue business.
Production to replace single-use plastic and aluminum packaging in the food and food packaging market is anticipated to commence in H2 2024.
The integration of Accrol positions Navigator with a turnover nearing EUR 600 million in the tissue business.
Q2 2024 paper sales are projected to match Q1 numbers but surpass those of Q2 2023.
Navigator announced a strategic price increase due to rising oil prices, with further hikes anticipated in Q3.
Navigator is exploring Greenford as a potential investment opportunity while progressing its R&D program to develop bioproducts from eucalyptus waters.
Navigator demonstrates continued resilience through consistent developments in its packaging and energy sectors.
該公司提出了收購英國領先的獨立轉換器Accrol的要約。”s 消費用紙市場，預計其紙巾業務將翻一番。
食品和食品包裝市場中取代一次性塑料和鋁包裝的生產預計將於2024年下半年開始。
Accrol的整合使Navigator的紙巾業務營業額接近6億歐元。
預計2024年第二季度的紙張銷售量將與第一季度的數字持平，但將超過2023年第二季度的銷售額。
由於油價上漲，Navigator宣佈戰略性提價，預計第三季度將進一步上漲。
Navigator正在探索格林福德作爲潛在的投資機會，同時推進其研發計劃，從桉樹水中開發生物產品。
Navigator通過其包裝和能源領域的持續發展，展現了持續的彈性。
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。