Earnings Call Summary | Outfront Media Inc(OUT.US) Q2 2024 Earnings Conference
Earnings Call Summary | Outfront Media Inc(OUT.US) Q2 2024 Earnings Conference
Consolidated AFFO increased by 9% to $85 million, despite the reduced contribution from the Canadian market due to its recent sale.The following is a summary of the OUTFRONT Media Inc. (OUT) Q2 2024 Earnings Call Transcript:
以下是OUTFRONt Media Inc. (outfront media inc.) Q2 2024業績會議要點摘要：
Financial Performance:
金融業績：
OUTFRONT Media reported a solid revenue growth of 4% in U.S. Media, driven by steady growth in billboard and double-digit growth in transit.
U.S. Media adjusted OIBDA grew nearly 10%, influenced by revenue growth and minimal expense growth of under 2%.
Consolidated AFFO increased by 9% to $85 million, despite the reduced contribution from the Canadian market due to its recent sale.
OUTFRONt Media Inc. 娛樂業務營收增長穩健，美國區媒體板塊增長4％，廣告牌業務穩步發展，公共交通板塊增長兩位數。
美國區媒體板塊調整後的營業收入利潤增長近10％，受營業收入增長和費用增長低於2％的影響。
儘管由於最近的銷售，加拿大市場的貢獻減少，但合併調整後基金可支配現金淨增長9％，達到8500萬美元。
Business Progress:
業務進展：
Successfully completed the sale of the Canadian business, focusing operations predominantly on the U.S. Media sector.
Digital billboard and transit segments showed significant growth, particularly from automated revenues which made up 16% of digital revenues.
OUTFRONT continues its digital expansion with significant installations in transit, and maintains high expectations for organic growth enhanced by further digitization.
成功完成加拿大業務出售，在重點業務美國區媒體板塊上專注運營。
數字廣告牌和公共交通板塊顯著增長，尤其是自動化收入佔數字收入的16％。
OUTFRONt繼續數字擴張，公共交通領域的重大安裝，預計通過進一步數字化增強有機增長。
Opportunities:
機會：
Plans to continue expanding the digital footprint, expecting digital and automated revenues to enhance growth.
Anticipate recovering and improving transit business economics through renewing contracts, coupled with ongoing investments in transit digitization.
計劃繼續擴大數字足跡，預計數字和自動化收入將增強增長。
預計通過續約合同以及公共交通數字化方面的持續投資，恢復和改善公共交通的商業經濟效益。
Risks:
風險：
Potential challenges include the slower recovery of the entertainment sector impacting advertising demand, particularly noted in the regional analysis of markets like Los Angeles.
潛在的挑戰包括娛樂板塊回暖緩慢，影響了廣告需求，特別是區域分析市場（如洛杉磯）的表現。
More details: Outfront Media Inc IR
詳細信息請參閱Outfront Media Inc 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：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。