Earnings Call Summary | Herc Holdings(HRI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Herc Holdings(HRI.US) Q1 2024 Earnings Conference
The following is a summary of the Herc Holdings Inc. (HRI) Q1 2024 Earnings Call Transcript:
以下是Herc Holdings Inc.（HRI）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Herc Holdings posted a record-high revenue and adjusted EBITDA for Q1 2024, with a 5% increase in rental rate year-over-year.
The adjusted EBITDA margin in Q1 was enhanced by operating leverage and early recovery in the Studio Entertainment market.
Incremental progress in operating efficiencies resulted in a 10% increase in adjusted EBITDA over the previous year.
A roughly 100 basis point difference was reported in expectation for a lower amount of used equipment sales compared to 2023.
Herc Holdings公佈了2024年第一季度的收入和調整後的息稅折舊攤銷前利潤，租金同比增長了5％。
運營槓桿率和工作室娛樂市場的早期復甦提高了第一季度調整後的息稅折舊攤銷前利潤率。
運營效率的逐步提高使調整後的息稅折舊攤銷前利潤比上年增長了10％。
據報道，與2023年相比，預計二手設備的銷售量將減少，差異約爲100個點子。
Business Progress:
業務進展：
The company completed four strategic acquisitions and opened four greenfield locations in key markets in Q1 2024.
Investments were made into high-margin ProSolutions fleet to meet growing demand.
The company enhanced digital capabilities to improve customer experience.
Herc Rentals' business operating system E3OS is being rolled out for better customer experiences and increased operating leverage.
Investments into requisite fleet management have been moderated to focus on improving fleet efficiency.
Herc Holdings is targeting a 60/40 revenue split between local and national accounts in the long term.
A large trench shoring acquisition was carried out, expected to trade at a higher multiple than their general rents business.
Negotiations and due diligence are ongoing with parties for the Cinelease business, expected to be disposed of within the year.
該公司於2024年第一季度完成了四次戰略收購，並在關鍵市場開設了四個新建地點。
爲了滿足不斷增長的需求，對高利潤的ProSolutions機隊進行了投資。
該公司增強了數字能力以改善客戶體驗。
Herc Rentals的商業操作系統E3OS正在推出，以改善客戶體驗和提高運營槓桿率。
對必要車隊管理的投資已有所節制，將重點放在提高機隊效率上。
從長遠來看，Herc Holdings的目標是在地方和國民賬戶之間實現60/40的收入分配。
進行了一次大規模的溝槽支撐收購，預計其交易價格將高於其一般租金業務。
與Cinelease業務各方的談判和盡職調查正在進行中，預計將在年內出售。
More details: Herc Holdings IR
更多詳情： Herc 控股投資者關係
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。