Earnings Call Summary | Visteon(VC.US) Q1 2024 Earnings Conference
Earnings Call Summary | Visteon(VC.US) Q1 2024 Earnings Conference
The following is a summary of the Visteon Corporation (VC) Q1 2024 Earnings Call Transcript:
以下是偉世通公司（VC）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Visteon Corporation reported Q1 2024 sales of $933 million, driven by strong demand for digital clusters and cockpit domain controllers.
The company experienced an adjusted EBITDA of $102 million, marking a 10.9% margin and a 70 basis point improvement year-over-year.
A positive 2% growth-over-market was achieved quarterly through sales exceeding the overall market growth.
Visteon Corporation strategically employed $20 million cash flow for financial hedging via share repurchases within the quarter.
The company saw a $34 million adjusted free cash flow for the quarter, signifying a 33% conversion ratio.
偉世通公司報告稱，2024年第一季度銷售額爲9.33億美元，這得益於對數字集群和駕駛艙域控制器的強勁需求。
該公司調整後的息稅折舊攤銷前利潤爲1.02億美元，利潤率爲10.9％，同比增長70個點子。
通過銷售超過整體市場增長，實現了每季度2％的正增長。
偉世通公司在本季度戰略性地利用了2000萬美元的現金流通過股票回購進行財務對沖。
該公司本季度調整後的自由現金流爲3,400萬美元，轉化率爲33％。
Business Progress:
業務進展：
Visteon launched 26 new products in Q1 2024 and secured business worth $1.4 billion across 14 OEMs.
The company made significant progress into diversifying into the two-wheeler and commercial vehicle markets.
A new manufacturing plant was inaugurated in Tunisia, marking a significant step in the company's expansion strategy.
Future prospects include growth in sales and margin expansion, supported by strategic operational improvements and successful commercial execution.
The company plans for substantial product launches in 2024 to bolster growth and diversification.
偉世通在2024年第一季度推出了26種新產品，並獲得了14家原始設備製造商價值14億美元的業務。
該公司在向兩輪車和商用車市場進行多元化發展方面取得了重大進展。
一座新的製造工廠在突尼斯落成，標誌着該公司擴張戰略邁出了重要的一步。
未來的前景包括銷售增長和利潤擴大，這得益於戰略運營改善和成功的商業執行。
該公司計劃在2024年推出大量產品，以促進增長和多元化。
More details: Visteon IR
更多詳情： 偉世通紅外
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。