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Earnings Call Summary | STELCO HOLDINGS INC(STZHF.US) Q1 2024 Earnings Conference

Earnings Call Summary | STELCO HOLDINGS INC(STZHF.US) Q1 2024 Earnings Conference

業績電話會議摘要 | STELCO HOLDINGS INC (STZHF.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/12 02:29  · 電話會議

The following is a summary of the Stelco Holdings Inc. (STZHF) Q1 2024 Earnings Call Transcript:

以下是Stelco Holdings Inc.(STZHF)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Stelco reported a large increase with Q1 adjusted EBITDA of CAD153 million, indicating a 200% rise from the prior quarter.

  • Adjusted EBITDA margin increased to 21%, making them one of the top companies in the steel sector.

  • The company declared an ordinary dividend of CAD0.5 per share for the quarter, equating to an annual yield of over 5% based on the current stock price.

  • Stelco has returned over CAD2.1 billion to stakeholders since its 2017 Initial public offering, nearly tenfold the funds raised during the offering.

  • Stelco concluded the quarter with CAD645 million cash on hand and no debt on its revolving credit facility.

  • Stelco報告大幅增長,第一季度調整後的息稅折舊攤銷前利潤爲 CAD153 百萬美元,比上一季度增長了200%。

  • 調整後的息稅折舊攤銷前利潤率提高至21%,使其成爲鋼鐵行業的頂級公司之一。

  • 該公司宣佈本季度普通股息爲每股0.5加元,相當於按當前股價計算的年收益率超過5%。

  • 自2017年首次公開募股以來,Stelco已向利益相關者返還了超過21億加元,幾乎是發行期間籌集資金的十倍。

  • Stelco在本季度結束時手頭有 CAD645 百萬現金,其循環信貸額度沒有債務。

Business Progress:

業務進展:

  • Stelco experienced a steady demand in various sectors such as construction, auto, energy, and oil and gas.

  • Stelco has begun to implement plans to increase the use of its Hamilton Works downstream value-added capacity, to diversify and improve its product portfolio while also improving profitability.

  • A three-part expansion plan over the next two years is set to fuel annual growth by over 15% in 2024, with plans to double this growth in 2025.

  • Beyond maintaining the competitiveness and reliability of the facility through sustained investment, Stelco is set to roll out three capital initiatives.

  • The company discussed both technological progress and government aid for decarbonization efforts, with further updates pending due to government disclosure timelines. They are also exploring potential benefits from mergers and takeovers.

  • Despite uncertain interest rates, Stelco plans to monetize its inventory, highlighting a 25% internal rate of return on investments.

  • Stelco在建築、汽車、能源和石油和天然氣等各個領域都經歷了穩定的需求。

  • Stelco已開始實施計劃,增加對Hamilton Works下游增值能力的使用,以實現產品組合的多樣化和改善,同時提高盈利能力。

  • 未來兩年由三部分組成的擴張計劃將在2024年推動年增長超過15%,並計劃在2025年將這一增長翻一番。

  • 除了通過持續投資保持設施的競爭力和可靠性外,Stelco還將推出三項資本計劃。

  • 該公司討論了技術進步和政府對脫碳工作的援助,由於政府披露的時間表尚待進一步更新。他們還在探索合並和收購的潛在好處。

  • 儘管利率不確定,但Stelco計劃將其庫存貨幣化,強調內部投資回報率爲25%。

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。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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