Simpson Manufacturing Co., Inc. (SSD) Q3 2024 Earnings Call Transcript Summary
Simpson Manufacturing Co., Inc. (SSD) Q3 2024 Earnings Call Transcript Summary
Consolidated adjusted EBITDA decreased by 6.6% year-over-year to $148.3 million.The following is a summary of the Simpson Manufacturing Co., Inc. (SSD) Q3 2024 Earnings Call Transcript:
以下是simpson manufacturing公司（SSD）2024年第三季度業績會談實錄摘要：
Financial Performance:
金融業績：
Simpson Manufacturing reported third quarter net sales of $587.2 million, a slight increase over the prior year's quarter despite challenging housing markets in the US and Europe.
Gross margin declined to 46.8% from 48.8% year-over-year due to changes in product mix and increased operating expenses.
Consolidated adjusted EBITDA decreased by 6.6% year-over-year to $148.3 million.
Net income totaled $94 million, or $2.21 per fully diluted share.
儘管美國和歐洲的住房市場困難重重，simpson manufacturing報告第三季度淨銷售額爲58720萬美元，較去年同期略有增長。
毛利率由48.8%年同比下降至46.8%，原因是產品組合變更和增加的營業費用。
調整後的合併息稅折舊及攤銷前利潤（EBITDA）同比減少6.6%，至14830萬美元。
淨利潤總額爲9400萬美元，每股稀釋盈利爲2.21美元。
Business Progress:
業務進展：
Expanded product offerings in national retail markets through enhanced shelf space and off-shelf merchandising of anchors and fasteners.
Gained market share in the component manufacturer market through acquisitions, such as Monet DeSauw, enhancing equipment offerings.
Ongoing investments in facilities with the Columbus, Ohio expansion on track, and new Gallatin, Tennessee fastener facility expected by late 2025.
Announced new partnerships and continued market share growth in residential segments through collaborations with large pro dealer customers.
通過增加貨架空間和在零售市場推出錨固件和緊固件的非貨架陳列，擴大了在國內零售市場的產品供應。
通過收購Monet DeSauw等公司，在零部件製造商市場中獲得市場份額，增強設備供應。
繼續對設施進行投資，哥倫布，俄亥俄州的擴張進展順利，預計2025年底前在田納西州的Gallatin建立新的緊固件設施。
宣佈與大型專業經銷商客戶合作，在住宅領域建立新夥伴關係並繼續增長市場份額。
Opportunities:
機會：
Strengthening positions in market segments, particularly in OEM and commercial markets through new acquisitions like Monet DeSauw and QuickFrames USA, broadening offerings to existing and new customers.
Expanded market presence and innovative solutions in component manufacturing and commercial sectors.
通過收購Monet DeSauw和QuickFrames美國等公司，在OEm和商業市場中鞏固地位，拓寬現有客戶和新客戶的產品供應範圍。
在零部件製造和商業領域擴大市場存在和創新解決方案。
Risks:
風險：
Anticipate a continued decline in European housing starts into 2026, with high single-digit reductions compared to previous years, posing challenges to regional growth.
Operational margins affected by necessary investments in SG&A for growth initiatives not yielding immediate market growth, reflected in revised guidance for operating margins.
預計歐洲住房開工量將繼續下降至2026年，與往年相比將出現高位位數下降，對區域增長構成挑戰。
由於在增長計劃中必要的銷售和管理費用投資影響了經營利潤，這並未立即帶來市場增長，反映在修訂後的營運利潤指引中。
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。
