Earnings Call Summary | Southland Holdings(SLND.US) Q1 2024 Earnings Conference
Earnings Call Summary | Southland Holdings(SLND.US) Q1 2024 Earnings Conference
The following is a summary of the Southland Holdings, Inc. (SLND) Q1 2024 Earnings Call Transcript:
以下是南国控股公司（SLND）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Southland Holdings reported a Q1 2024 revenue of $288 million, representing a 5% increase from the same quarter last year.
The gross profit for the quarter was $20 million, a marginal increase from the $19 million in the same quarter of the previous year.
The consolidated gross profit margin for the quarter was 7.1%, slightly higher than 6.9% in the previous year.
Despite the Transportation segment facing challenges, the Civil segment yielded a gross profit margin of 21%, up from 12% in the same period previous year.
The company concluded the quarter with a backlog worth $2.64 billion.
南国控股公司报告称，2024年第一季度收入为2.88亿美元，比去年同期增长5％。
该季度的毛利为2000万美元，较去年同期的1900万美元略有增加。
该季度的合并毛利率为7.1％，略高于去年的6.9％。
尽管交通板块面临挑战，但民用板块的毛利率为21％，高于去年同期的12％。
该公司在本季度结束时积压了26.4亿美元。
Business Progress:
业务进展：
Southland Holdings secured around $100 million new contracts during the quarter, and an early start to Q2 bagged them another $350 million in new awards, which are not yet part of the backlog.
The backlog is expected to see an increase from Q1 to Q2 due to the robust start in awards.
The company is experiencing high demand for its services from public, government agencies, and private clients, facilitating business growth.
The primary focus remains on capitalizing on opportunities within the U.S. market.
Southland Holdings is also monitoring trends and long-term potential stemming from high demand for manufacturing facilities and data centers in the U.S.
The company predicts improvements in cash flow from operations through to the end of 2024, maintaining the trend established in '21, '22, and '23.
Southland Holdings is poised to confirm $350 million worth of new awards for Q2 and anticipates a growth in backlog with impending proposals, with a strategic plan to pursue growth in a controlled manner to sustain profit margins.
Southland Holdings在本季度获得了约1亿美元的新合同，第二季度提前开始又为他们带来了3.5亿美元的新奖励，这些合同尚未包含在积压的合同中。
由于奖励的强劲开局，预计从第一季度到第二季度的积压量将增加。
公共、政府机构和私人客户对该公司的服务有很高的需求，这促进了业务增长。
主要重点仍然是利用美国市场内的机会。
Southland Holdings还在监测美国对制造设施和数据中心的高需求所带来的趋势和长期潜力。
该公司预测，到2024年底，运营现金流将有所改善，保持21年、22年和23年确立的趋势。
Southland Holdings准备确认第二季度价值3.5亿美元的新奖励，并预计待发的提案将增加，其战略计划是以可控的方式追求增长以维持利润率。
More details: Southland Holdings IR
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Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。