Earnings Call Summary | Lamar Advertising Co(LAMR.US) Q4 2023 Earnings Conference
Earnings Call Summary | Lamar Advertising Co(LAMR.US) Q4 2023 Earnings Conference
The following is a summary of the Lamar Advertising Company (LAMR) Q4 2023 Earnings Call Transcript:
以下是拉馬爾廣告公司（LAMR）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Lamar Advertising reported Q4 revenue growth of 2.5% on an acquisition-adjusted basis and EBITDA growth of 5.1%.
Q4 EBITDA margin stood at 48.2%.
The company's AFFO per share for 2023 was $7.47, exceeding their revised guidance range, and is expected to increase by about 3.7% in 2024.
Expenses remained flat in Q4 while acquisition-adjusted revenue increased by 2.5% compared to Q4 2022.
Adjusted EBITDA for 2023 was $985.7 million, showing a year-on-year increase of 3.5%.
AFFO for 2023 was $7.47 per share, 1.2% higher than 2022.
拉馬爾廣告公司報告稱，經收購調整後，第四季度收入增長2.5％，息稅折舊攤銷前利潤增長5.1％。
第四季度息稅折舊攤銷前利潤率爲48.2％。
該公司2023年的每股AFFO爲7.47美元，超過了修訂後的指導區間，預計將在2024年增長約3.7％。
與2022年第四季度相比，第四季度支出保持平穩，而經收購調整後的收入增長了2.5％。
2023年調整後的息稅折舊攤銷前利潤爲9.857億美元，同比增長3.5％。
2023年的AFFO爲每股7.47美元，比2022年增長1.2％。
Business Progress:
業務進展：
The company saw strong growth in the services, automotive, and amusement and entertainment categories.
The momentum in programmatic is expected to continue in 2024.
The company added a significant number of digital screens through acquisitions and conversions, completing 36 acquisitions in 2023 with a total purchase price of $139 million.
For 2024, the plan is to use a significant portion of the free cash flow to pay down a $350 million term loan.
Local and regional sales grew for the 11th consecutive quarter by 3.3%.
Implementation of an ERP scheme for improving operational management is planned.
The board approved a Q1 dividend of $1.30 per share, representing an annual dividend yield of 4.6%.
該公司在服務、汽車以及娛樂和娛樂類別中實現了強勁增長。
計劃方面的勢頭預計將在2024年持續下去。
該公司通過收購和轉換增加了大量數字屏幕，在2023年完成了36次收購，總收購價爲1.39億美元。
到2024年，該計劃將使用自由現金流的很大一部分來償還3.5億美元的定期貸款。
本地和區域銷售額連續第11個季度增長3.3％。
計劃實施一項企業資源規劃計劃，以改善業務管理。
董事會批准了第一季度每股1.30美元的股息，年股息收益率爲4.6％。
More details: Lamar Advertising Co IR
更多詳情： 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.
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譯文內容由第三人軟體翻譯。