Earnings Call Summary | Star Group LP(SGU.US) Q2 2024 Earnings Conference
Earnings Call Summary | Star Group LP(SGU.US) Q2 2024 Earnings Conference
The following is a summary of the Star Group, L.P. (SGU) Q2 2024 Earnings Call Transcript:
以下是Star Group, L.P.（SGU）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Star Group saw a decline in home heating oil and propane volume by 4 million gallons, or around 3%, in Q2 2024 due to factors like customer attrition.
Product gross profit grew by $3 million, to $206 million, despite the volume decline. Net income increased by $6 million from the prior year to $68 million.
Adjusted EBITDA fell by $6 million to $96 million due to decreased volume and diminishing weather hedge benefit.
For the first half of 2024, there was a net income rise of $6 million to $81 million, while adjusted EBITDA fell by $6 million.
由於客戶流失等因素，Star集團的家用取暖油和丙烷銷量在2024年第二季度下降了400萬加侖，跌幅約3％。
儘管銷量下降，但產品毛利增長了300萬美元，達到2.06億美元。淨收入比上年增加了600萬美元，達到6800萬美元。
由於銷量減少和天氣對沖收益減少，調整後的息稅折舊攤銷前利潤下降了600萬美元，至9,600萬美元。
2024年上半年，淨收入增長了600萬美元，至8100萬美元，而調整後的息稅折舊攤銷前利潤下降了600萬美元。
Business Progress:
業務進展：
Star Group has completed two strategic acquisitions in Long Island, making a total of four for the fiscal year.
Improvement was noted in service and equipment installation profitability due to targeted efforts.
There are plans for significant human capital and business development investments in the upcoming summer.
Additionally, $15 million has been committed to weather hedges for 2025 to control the impacts of warmer temperatures.
Star Group已在長島完成了兩項戰略收購，使本財年共進行了四次戰略收購。
由於有針對性的努力，服務和設備安裝的盈利能力有所提高。
計劃在即將到來的夏天進行大量的人力資本和業務發展投資。
此外，已承諾爲2025年提供1500萬美元的天氣套期保值，以控制氣溫升高的影響。
More details: Star Group LP IR
更多詳情： 星際集團唱片IR
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。