Earnings Call Summary | Dole Plc(DOLE.US) Q4 2023 Earnings Conference
Earnings Call Summary | Dole Plc(DOLE.US) Q4 2023 Earnings Conference
The following is a summary of the Dole Plc. (DOLE) Q4 2023 Earnings Call Transcript:
以下是都乐集团的摘要。(DOLE) 2023 年第四季度财报电话会议记录：
Financial Performance:
财务业绩：
Dole Plc reported a full-year group revenue growth of 2.8%, primarily driven by higher pricing.
The company achieved an adjusted EBITDA of $385 million, exceeding its initial guidance by 10%.
Their net debt reduced by over $200 million and they sold their 65% interest in Progressive Produce for just under $120 million, helping to drop net leverage from 2.8x to 2.1x.
Q4 revenue was $2.1 billion, which was a $30 million or 1.5% increase mainly due to positive foreign currency translation.
Their Q4 net income rose from $13.4 million in Q4 2022 to $28.9 million due to higher adjusted EBITDA and asset sales of $10.7 million.
However, the fourth quarter adjusted net income saw a decrease by 14% to $14.8 million, primarily due to the slight decrease in adjusted EBITDA and increased interest expenses.
都乐集团报告称，全年集团收入增长2.8％，这主要是受价格上涨的推动。
该公司调整后的息税折旧摊销前利润为3.85亿美元，比最初的预期高出10％。
他们的净负债减少了超过2亿美元，他们以略低于1.2亿美元的价格出售了Progressive Produce的65％权益，这使净杠杆率从2.8倍降至2.1倍。
第四季度收入为21亿美元，增长了3000万美元，增长了1.5％，这主要是由于外币折算正值。
由于调整后的息税折旧摊销前利润增加和1,070万美元的资产销售，他们第四季度的净收入从2022年第四季度的1,340万美元增至2,890万美元。
但是，第四季度调整后的净收入下降了14％，至1480万美元，这主要是由于调整后的息税折旧摊销前利润略有下降和利息支出增加。
Business Progress:
业务进展：
In 2023, Dole Plc launched Dole Organics and the Golden Selection Pineapple to market acceptance, and made significant improvements in managing third-party shipping volumes.
They anticipate strong performance in 2024 backed by their market positions, integration, and investment opportunities.
Their strategic priorities for 2024 include accelerating growth in core areas, maintaining disciplined capital investment, exiting the fresh vegetable business, focusing on cost control and operating efficiencies, and advancing their sustainability goals.
They plan to increase their capital expenditure in 2024 for various projects and have declared a Q4 2023 dividend of $0.08.
2023年，都乐集团推出了Dole Organics和Golden Selection Pineapple，以获得市场认可，并在管理第三方出货量方面做出了重大改进。
他们预计，在市场地位、整合和投资机会的支持下，2024年的强劲表现。
他们2024年的战略优先事项包括加快核心领域的增长、保持严格的资本投资、退出新鲜蔬菜业务、专注于成本控制和运营效率以及推进其可持续发展目标。
他们计划在2024年增加各种项目的资本支出，并宣布2023年第四季度股息为0.08美元。
More details: Dole plc IR
更多详情： Dole plc IR
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译文内容由第三方软件翻译。