Earnings Call Summary | NACCO Industries(NC.US) Q4 2023 Earnings Conference
Earnings Call Summary | NACCO Industries(NC.US) Q4 2023 Earnings Conference
The following is a summary of the NACCO Industries, Inc. (NC) Q4 2023 Earnings Call Transcript:
以下是NACCO工業公司（NC）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
NACCO Industries reported a consolidated net loss of $44 million or $5.88 per loss per share, reflecting a significant decline from the prior year's net income of $13.8 million, or $1.84 per share.
Consolidated adjusted EBITDA stood at $7.1 million, substantially lower compared to $23.6 million in 2022.
The coal mining segment reported a substantial operating loss of $62.3 million primarily due to an impairment charge of $60.8 million.
Despite a slightly positive segment adjusted EBITDA, North American Mining's Q4 2023 results showcased an operating loss of $600,000.
The company maintained a consolidated cash balance of $85 million at quarter-end and recorded debt of $36 million.
NACCO Industries公佈的合併淨虧損爲4400萬美元，合每股虧損5.88美元，較上一年的1,380萬美元或每股虧損1.84美元的淨收入大幅下降。
調整後的合併息稅折舊攤銷前利潤爲710萬美元，與2022年的2360萬美元相比大幅下降。
煤炭開採板塊報告了6,230萬美元的巨額營業虧損，這主要是由於6,080萬美元的減值費用。
儘管調整後的分部息稅折舊攤銷前利潤略有上升，但北美礦業2023年第四季度的業績顯示營業虧損爲60萬美元。
截至季度末，該公司的合併現金餘額保持在8500萬美元，記錄的債務爲3,600萬美元。
Business Progress:
業務進展：
NACCO envisions strong 2024 operating profit and increased adjusted EBITDA, especially due to improvements at Mississippi Lignite Mining Company, Falkirk, and Coteau.
The company also expects North American Mining to exhibit sequential quarterly growth in operating profit and EBITDA in 2024.
The operating profit and segment-adjusted EBITDA of Minerals Management is predicted to moderately decrease in 2024 due to current market expectations for natural gas and oil prices.
The company repurchased approximately 66,000 shares for $2.3 million in Q4 2023, under an existing share repurchase program.
NACCO Industries also has plans for moderate cash utilisation for financing activities in 2024.
NACCO預計2024年將實現強勁的營業利潤並增加調整後的息稅折舊攤銷前利潤，這尤其是由於密西西比褐煤礦業公司、福爾柯克和科託的改善。
該公司還預計，2024年，北美礦業的營業利潤和息稅折舊攤銷前利潤將連續季度增長。
由於目前市場對天然氣和石油價格的預期，礦產管理的營業利潤和經分部調整後的息稅折舊攤銷前利潤預計將在2024年適度下降。
根據現有的股票回購計劃，該公司在2023年第四季度以230萬美元的價格回購了約66,000股股票。
NACCO Industries還計劃在2024年將適度的現金用於融資活動。
More details: NACCO Industries IR
更多詳情： NACCO 工業投資者關係
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：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。