Earnings Call Summary | Lamar Advertising Co(LAMR.US) Q2 2024 Earnings Conference
Earnings Call Summary | Lamar Advertising Co(LAMR.US) Q2 2024 Earnings Conference
The company repaid a $350 million term loan, strengthening the balance sheet further.The following is a summary of the Lamar Advertising Company (LAMR) Q2 2024 Earnings Call Transcript:
以下是拉馬爾戶外廣告公司（LAMR）2024財年第二季度業績會記錄摘要：
Financial Performance:
金融業績：
Q2 2024 revenues grew by 3.9% on an acquisition-adjusted basis, with AFFO per share growth of 9.5%.
EBITDA increased by 6.3% on an acquisition-adjusted basis, and adjusted EBITDA margin expanded to 48%.
The company repaid a $350 million term loan, strengthening the balance sheet further.
Lamar anticipates an AFFO per share range of $7.75 to $7.90 for the full year 2024.
Anticipate low single-digit decline in national ad revenue in Q3, while expecting local sales to remain strong.
2024財年第二季度，經過調整後的收入增長了3.9％ ，每股調整後的AFFO增長了9.5％。
經過調整後，EBITDA增長了6.3％，調整後的EBITDA利潤率擴大到48％。
公司償還了一筆35000萬美元的貸款，進一步增強了資產負債表。
拉馬爾預計2024財年每股AFFO的區間爲7.75至7.90美元。
預計2024財年第三季度國家廣告收入略微下降，而預計當地銷售仍然強勁。
Business Progress:
業務進展：
Strong performance in local sales and programmatic channels, especially with new customers in pharma and CPG.
Continued revenue and EBITDA growth in billboard regions and a significant increase in airport business as air traffic reaches record levels.
Digital platform revenue grew 2.6%, with digital forming 30.6% of the book in Q2.
當地銷售和程序化渠道表現強勁，尤其是醫藥和消費品新客戶。
廣告牌地區的收入和EBITDA持續增長，隨着航空交通達到歷史新高，機場業務顯著增加。
數字平台營收增長2.6％，數字業務在2024財年第二季度佔據30.6％的份額。
Opportunities:
機會：
Expect political advertising to potentially increase in Q4, historically a positive influence, not yet reflected in current projections.
As the M&A market is anticipated to pick up entering 2025, Lamar is well-positioned with a strong balance sheet to capitalize on potential acquisition opportunities.
預計政治廣告可能在2024財年第四季度增加，這是歷史上的積極因素，這一點尚未反映在當前的預測中。
隨着併購市場預計在2025年進入加速期，拉馬爾憑藉強大的資產負債表將有機會利用潛在的收購機會。
Risks:
風險：
National advertising suffering a low single-digit decline; reliant on the stabilization and potential resurgence of national ad spending into 2025.
Continued softness in healthcare and financial categories impacting national ad revenue growth.
國家廣告收入略有下降；取決於國家廣告支出的穩定和潛在復甦，直到2025年。
醫療保健和金融類別持續疲軟，影響國家廣告收入增長。
More details: Lamar Advertising Co IR
更多詳細信息：拉馬爾廣告公司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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
