Earnings Call Summary | Quaker Houghton(KWR.US) Q1 2024 Earnings Conference
Earnings Call Summary | Quaker Houghton(KWR.US) Q1 2024 Earnings Conference
The following is a summary of the Quaker Chemical Corporation (KWR) Q1 2024 Earnings Call Transcript:
以下是贵格化学公司（KWR）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Quaker Houghton reported Q1 2024 net sales of $470 million, a decrease of 6% from the prior year due to macroeconomic influences.
Gross margins reached 38.7%, rising by 400 basis points year-over-year and 200 basis points from the previous period, attributed to heightened efficiency and a decrease in raw material costs.
Adjusted EBITDA amounted to $83 million, marking a 6% annual increase.
Non-GAAP diluted earnings per share were $2.09, up by 11% compared to the previous year.
The company generated $27 million in operating cash flow in Q1 which is expected to increase in the coming quarters.
贵格会霍顿报告称，由于宏观经济的影响，2024年第一季度净销售额为4.7亿美元，比上年下降6％。
毛利率达到38.7％，同比增长400个基点，比上期增长200个基点，这要归因于效率的提高和原材料成本的降低。
调整后的息税折旧摊销前利润为8,300万美元，年增长6％。
非公认会计准则摊薄后每股收益为2.09美元，与上年相比增长11％。
该公司在第一季度创造了2700万澳元的运营现金流，预计未来几个季度还会增加。
Business Progress:
业务进展：
Despite a decline in net sales, the company performed strongly in Q1 2024 with enhanced earnings, expanded margins, and consistent operating cash flow.
Sequential volume growth was noted in the Asia-Pacific segment due to improvement in China and Greater Asia.
A seasonal improvement in demand across all regional segments is expected in Q2 2024.
The acquisition of IKB is expected to speed up growth in their advanced and operating solutions in Europe and globally.
Quaker continues to advance growth pillars, improve efficiency, and secure new business wins. Future initiatives are aimed at fostering a more productive, responsive, and innovative organization.
The company expects to sustain its momentum and deliver earnings growth in 2024.
尽管净销售额下降，但该公司在2024年第一季度表现强劲，收益增加，利润率扩大，运营现金流稳定。
由于中国和大亚洲地区的改善，亚太地区的销量连续增长。
预计2024年第二季度所有区域细分市场的需求将出现季节性改善。
对IKB的收购预计将加快其在欧洲和全球的先进运营解决方案的增长。
贵格会继续推进增长支柱，提高效率并确保新业务获胜。未来的举措旨在培育一个更具生产力、响应速度更快和更具创新性的组织。
该公司预计将保持势头，并在2024年实现收益增长。
More details: Quaker Houghton IR
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译文内容由第三方软件翻译。