Clean Harbors (CLH) Q3 2024 Earnings Call Transcript Summary
Clean Harbors (CLH) Q3 2024 Earnings Call Transcript Summary
While the SKSS segment revenues increased by 6%, EBITDA rose by 32%, despite challenges in demand and pricing, particularly noticeable in September.The following is a summary of the Clean Harbors (CLH) Q3 2024 Earnings Call Transcript:
以下是clean harbors (CLH) 第三季度2024年業績會議呼叫記錄摘要:
Financial Performance:
金融業績：
Clean Harbors reported significant year-over-year growth in both segments, albeit below expectations due to less favorable pricing.
Adjusted EBITDA in the ES segment increased by 15% with a 13% revenue increase, translating to 40 basis point margin improvement.
While the SKSS segment revenues increased by 6%, EBITDA rose by 32%, despite challenges in demand and pricing, particularly noticeable in September.
clean harbors報告顯示，兩個板塊都實現了顯着的年度增長，儘管由於不太理想的定價策略而低於預期。
英順板塊調整後的EBITDA增長了15%，營業收入增長了13%，轉化爲40個基本點的利潤率提高。
儘管需求和定價方面存在挑戰，尤其是在九月份尤爲明顯，但SKSS板塊的營收增長了6%，EBITDA增長了32%。
Business Progress:
業務進展：
HEPACO acquisition contributed to a significant top-line growth in field services, marking a 68% increase.
The new state-of-the-art incinerator in Kimbell, Nebraska is set to begin operations, expected to address the market's need for more outlets for complex waste streams.
Strategic partnership with BP Castrol aims to advance the standing of more sustainable oil in large fleets.
Continued focus on safety with a recordable incident rate of 0.69, reinforcing Clean Harbors' industry-leading position.
HEPACO收購爲現場服務貢獻了顯著的頂線增長，達到68%的增長。
內布拉斯加州金貝爾市的最新先進焚化爐即將開始運營，預計將滿足市場對複雜廢物處理渠道的需求。
與英尚Castrol的戰略合作旨在推動更可持續油品在大型車隊中的地位。
持續關注安全，可記錄事故率爲0.69，強化clean harbors在行業板塊中領先的地位。
Opportunities:
機會：
Strategic acquisitions like HEPACO and Noble Oil are expected to improve margins and increase cash flow, highlighting robust acquisition pipeline for future growth.
Favorable market dynamics and government spending on infrastructure are poised to drive waste into Clean Harbors' network and facilitate growth in the ES segment.
像HEPACO和Noble Oil這樣的戰略收購預計將改善利潤率並增加現金流，突顯了未來增長的強勁收購業務管道。
有利的市場動態和政府對基礎設施的支出有望將廢物引入clean harbors的網絡，並促進ES板塊的增長。
Risks:
風險：
Continued challenges in the base oil market affected the SKSS segment, with demand and pricing pressures expected to persist into the fourth quarter.
Industrial Services faced a weaker quarter due to reduced scope in refinery turnarounds, influenced by market conditions impacting the refinery sector.
基礎油市場持續面臨挑戰，影響了SKSS板塊，需求和價格壓力預計將持續到第四季度。
由於精煉廠停工範圍減少，制約工業服務業，受到影響的原因是市場狀況影響了精煉行業。
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。
