Earnings Call Summary | Diebold Nixdorf(DBD.US) Q1 2024 Earnings Conference
Earnings Call Summary | Diebold Nixdorf(DBD.US) Q1 2024 Earnings Conference
The following is a summary of the Diebold Nixdorf, Incorporated (DBD) Q1 2024 Earnings Call Transcript:
以下是迪博尔德·尼克斯多夫公司（DBD）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Diebold Nixdorf reported Q1 2024 revenue of $897 million, a 5.1% increase with gross margin expanding 290 basis points year-over-year, primarily due to strong product performance.
The adjusted EBITDA of $103 million was up 62% compared to the prior year, and the adjusted EBITDA margin expanded 400 basis points to 11.5%.
The company's free cash flow in Q1 improved by $65 million compared to the previous year, driven by higher EBITDA and better working capital efficiency.
迪博尔德·尼克斯多夫报告称，2024年第一季度收入为8.97亿美元，增长5.1％，毛利率同比增长290个基点，这主要是由于强劲的产品表现。
调整后的息税折旧摊销前利润为1.03亿美元，与去年同期相比增长了62％，调整后的息税折旧摊销前利润率扩大了400个基点至11.5％。
受更高的息税折旧摊销前利润和更高的营运资本效率的推动，该公司第一季度的自由现金流与上年相比增加了6500万美元。
Business Progress:
业务进展：
The product backlog remained significant at $1.1 billion at the end of Q1 2024, indicating strong market demand.
The company launched a standalone weatherized DN Series recyclers unit in North America and a high-capacity note recycler for heavy cash usage markets.
Diebold Nixdorf simplified their software portfolio for multi-vendor opportunities, improved efficiency in manufacturing, and product delivery.
Deliberate decision to exit unprofitable third-party sales resulted in lower retail revenues this quarter; this was offset by stronger sales in the North American and Latin American markets.
The focus is on the adoption of recycling in North America and expanding into the U.S. retail market with complementary solutions like SCO, SHRINK, and age verification solutions.
Initiatives are underway to streamline quarterly outputs for better operational execution and risk reduction.
到2024年第一季度末，产品积压量仍然很大，为11亿美元，这表明市场需求强劲。
该公司在北美推出了独立的防风雨DN系列回收机组，并针对大量现金使用市场推出了大容量纸币回收机。
Diebold Nixdorf 简化了他们的软件产品组合，以获得多供应商机会，提高了制造和产品交付的效率。
故意决定退出无利可图的第三方销售导致本季度零售收入减少；北美和拉丁美洲市场的销售强劲抵消了这一点。
重点是在北美采用回收再利用，并通过SCO、SHRINK和年龄验证解决方案等互补解决方案扩展到美国零售市场。
正在采取措施简化季度产出，以改善运营执行和降低风险。
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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。