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Boralex Inc. (BRLXF) Q3 2024 Earnings Call Transcript Summary

Boralex Inc. (BRLXF) Q3 2024 Earnings Call Transcript Summary

Boralex Inc.(BRLXF)2024年第三季度業績會文本摘要
富途資訊 ·  11/15 03:49  · 電話會議

The following is a summary of the Boralex Inc. (BRLXF) Q3 2024 Earnings Call Transcript:

以下是Boralex公司(BRLXF)2024年第三季度業績會議的簡要內容:

Financial Performance:

財務表現:

  • Boralex Inc. reported a year-over-year improvement in all financial metrics for the first nine months of 2024, with EBITDA up 7%, operating income increased by 15%, and net earnings rose by 32%.

  • Total combined production was down 1% compared to the same quarter last year and 11% lower than expected due to unfavorable weather conditions.

  • Combined EBITDA amounted to $109 million, down $4 million and FFO amounted to $16 million, down $7 million compared to the third quarter of 2023.

  • Boralex公司報告,2024年前九個月所有財務指標同比改善,EBITDA增長7%,營業收入增加15%,淨收入增長32%。

  • 總聯合產量較去年同期下降1%,比預期下降11%,主要是由於不利天氣條件。

  • 聯合EBITDA爲$10900萬,較2023年第三季度下降$400萬,FFO爲$1600萬,較2023年第三季度下降$700萬。

Business Progress:

業務進展:

  • Advanced the construction of the Apuiat project in Quebec and the Limekiln project in Scotland with both expected to be commissioned by the end of the year.

  • Started construction of the Hagersville and Tilbury storage projects in Ontario, with commissioning anticipated by the end of 2025.

  • Progressed on the Des Neiges Sud wind project and Oxford storage projects with commissioning scheduled in 2026.

  • Acquired the Sallachy project, a 50-megawatt advanced stage wind project in Scotland.

  • Signed two long-term renewable energy purchase agreements in France with industrial companies Nestlé and Saint-Gobain.

  • 加速愛文思控股在魁北克的Apuiat項目和蘇格蘭的Limekiln項目的施工,預計均將於年底前投入使用。

  • 已開始在安大略省的Hagersville和Tilbury儲存項目的施工,預計於2025年底前投入使用。

  • 已在Des Neiges Sud風力項目和牛津儲存項目上取得進展,並計劃在2026年投入使用。

  • 收購了蘇格蘭Sallachy項目,這是一個50兆瓦的先進階段風電項目。

  • 與法國工業公司雀巢和聖戈班簽署了兩份長期可再生能源採購協議。

Opportunities:

機會:

  • Development and diversification activities continue to be driven by strong demand for renewable energy in the markets Boralex operates.

  • The new political landscape in the U.S. and U.K. presents potential favorable conditions for growth in renewable energies, including the lifting of the ban on onshore wind power in England and initiatives to promote clean energy deployment.

  • 在Boralex運營市場,開發和多元化活動仍受到對可再生能源強勁需求的推動。

  • 美國和英國的政治格局變化爲可再生能源的增長創造了潛在有利條件,包括英格蘭取消陸上風電禁令及推動清潔能源部署的倡議。

Risks:

風險:

  • Production impacted by adverse weather conditions in Canada and France, leading to lower than expected production levels.

  • 由於加拿大和法國的惡劣天氣條件,導致產量低於預期水平,生產受到影響。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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