Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary
Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary
The company achieved a highlighted decremental margin of less than 6% in a softer sales environment.The following is a summary of the Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript:
以下是garrett motion公司（GTX）2024年第三季度業績會交流摘要：
Financial Performance:
金融業績：
In Q3 2024, Garrett Motion reported an adjusted EBITDA margin of 17.4%, up 160 basis points year-over-year.
Garrett generated $71 million of adjusted free cash flow and repurchased $52 million of common stock.
The company achieved a highlighted decremental margin of less than 6% in a softer sales environment.
They reported a net income of $248 million with consistent operational execution.
2024年第三季度，Garrett Motion報告調整後的EBITDA利潤率爲17.4%，同比增長160個點子。
Garrett創造了7100萬美元的調整自由現金流，並回購了5200萬美元的普通股。
公司在較爲疲軟的銷售環境中實現了低於6%的突出邊際降幅。
他們報告淨利潤爲24800萬美元，操作執行一致。
Business Progress:
業務進展：
Garrett continues to expand in turbo and zero-emission vehicle technologies.
They are experiencing strong commercial wins across all turbo verticals, evidenced by significant new contracts, notably a joint development for next-gen electric powertrain with SinoTruk.
Garrett繼續在渦輪和零排放交通工具技術領域擴張。
他們在所有渦輪垂直領域取得了強勁的商業勝利，這主要表現在重要的新合同上，尤其是與中國重汽合作開發下一代電動動力總成。
Opportunities:
機會：
Growth in large turbos driven by increased demand in data centers.
Accelerated development activities with customers for plug-in hybrid powertrains, particularly in North America.
Strategic focus on differentiated technologies for electrification, aided by received awards like the 2024 Stellantis Innovation Award.
大型渦輪增長受數據中心需求增加驅動。
加快與客戶的插電式混合動力總成開發活動，尤其是在北美地區。
專注於差異化技術，用於電氣化，獲得獎項，比如2024年Stellantis創新獎。
Risks:
風險：
Continued softness in the light vehicle industry, particularly in Europe and China, affecting Garrett's performance.
輕型車輛行業持續疲軟，尤其是在歐洲和中國，影響garrett motion的業績。
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。
