Earnings Call Summary | NAVIGATOR COMPANY SA(POELF.US) Q1 2024 Earnings Conference
Earnings Call Summary | NAVIGATOR COMPANY SA(POELF.US) Q1 2024 Earnings Conference
The following is a summary of the The Navigator Company, S.A. (POELF) Q1 2024 Earnings Call Transcript:
以下是Navigator Company, S.A. (POELF) 2024年第一季度業績會簡介：
Financial Performance:
金融業績：
The Navigator Company reported a Q1 total turnover of EUR 536 million, marking an increase of 9% from the last quarter and 7% year-on-year.
EBITDA for the quarter was EUR 133 million, with a strong EBITDA margin of 25%.
There was a significant reduction in cash costs across all segments in the year-on-year comparison going from 9% to 16%.
The company implemented price increases for uncoated woodfree paper with prices increasing by around 3% in Europe, 4% outside Iberia and 9% in overseas markets.
Despite gross margin reduction between Q4 2023 and Q1 2024, pulp prices increased by 7%.
Navigator公司報告第一季度總營收爲5.36億歐元，較上一季度增長9％，同比增長7％。
本季度的EBITDA爲1.33億歐元，強勁的EBITDA利潤率爲25％。
在同比對比中，所有板塊的現金成本都有大幅下降，從9％降至16％。
該公司推出了不塗覆木材無紙，歐洲地區價格上漲約3％，伊比利亞半島境外地區上漲4％，境外市場上漲9％。
雖然Q4 2023和Q1 2024之間的毛利率降低，但漿價上漲了7％。
Business Progress:
業務進展：
The company launched an offer to acquire Accrol, a leading independent converter in the U.K.'s consumer tissue market, which is expected to double their tissue business.
Production to replace single-use plastic and aluminum packaging in the food and food packaging market is anticipated to commence in H2 2024.
The integration of Accrol positions Navigator with a turnover nearing EUR 600 million in the tissue business.
Q2 2024 paper sales are projected to match Q1 numbers but surpass those of Q2 2023.
Navigator announced a strategic price increase due to rising oil prices, with further hikes anticipated in Q3.
Navigator is exploring Greenford as a potential investment opportunity while progressing its R&D program to develop bioproducts from eucalyptus waters.
Navigator demonstrates continued resilience through consistent developments in its packaging and energy sectors.
該公司發起了收購英國消費者紙製品市場領先的獨立轉換器Accrol的報價，預計將使他們的組織效益翻番。
取代食品和食品包裝中的一次性塑料和鋁包裝的生產，預計將在2024下半年開始。
整合Accrol使Navigator在紙巾業務上的營業額接近6億歐元。
預計2024年第二季度的紙張銷售額將與第一季度相當，但將超過2023年第二季度。
Navigator宣佈了一項戰略性的價格上漲，以應對油價上漲，在第三季度預計還會有更多的增漲。
Navigator正在探索Greenford作爲潛在的投資機會，同時推進其從尤加利水中開發生物製品的研發計劃。
Navigator通過在其包裝和能源化工領域持續發展，展現出了持續的韌性。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。