Crown Holdings, Inc. (CCK) Q3 2024 Earnings Call Transcript Summary
Crown Holdings, Inc. (CCK) Q3 2024 Earnings Call Transcript Summary
Adjusted earnings per diluted share increased to $1.99, up 15% from $1.73.The following is a summary of the Crown Holdings, Inc. (CCK) Q3 2024 Earnings Call Transcript:
以下是皇冠控股公司（CCK）2024年第三季度業績會議呼叫transcript總結：
Financial Performance:
金融業績：
Crown Holdings reported net sales of $3.1 billion, which were level with the prior year, alongside a growth in global beverage can volumes and North American food can volumes.
Segment income rose to $472 million, up from $430 million in the prior year, reflecting volume gains and cost reduction initiatives.
Adjusted earnings per diluted share increased to $1.99, up 15% from $1.73.
The company recorded a GAAP loss of $1.47 per share, mainly due to a non-cash pension settlement charge.
Strong free cash flow of $668 million through nine months was noted, bolstered by operational performance and reduced capital spending.
皇冠控股報告了31億美元的淨銷售額，與前一年持平，同時全球飲料罐銷量和北美食品罐銷量增長。
分部收入增至47200萬美元，較上一年的43000萬美元增長，反映出銷量增長和成本降低舉措的成效。
調整後的每股攤薄收益提高至1.99美元，比1.73美元增長15%。
公司每股錄得1.47美元的GAAP虧損，主要是由於非現金養老金結算費用。
強勁的自由現金流達到66800萬美元，在九個月內得到強調，得益於運營績效和減少資本支出。
Business Progress:
業務進展：
Crown Holdings finalized a pension settlement, reducing future risk by transferring around $860 million of pension assets and liabilities, and contributed $100 million to the U.S. pension plan, aiming to annuitize $4 billion of pension liabilities since 2021.
Announced a common stock repurchase program of up to $2 billion through the end of 2027 and repurchased $110 million of stock in the quarter.
Improved debt management with EUR600 million euro notes issued and EUR600 million notes repaid.
皇冠控股完成了養老金基金安置，通過轉移大約86000萬美元的養老金資產和負債，並向美國養老金計劃捐款了10000萬美元，旨在自2021年以來實現40億美元的養老金責任年金化。
宣佈了一個截至2027年底的高達20億美元的普通股回購計劃，並在本季度回購了11000萬美元的股票。
通過發行60000萬歐元的歐元債券和償還60000萬歐元的債券，改善了債務管理。
Opportunities:
機會：
The company is focusing on driving both debt reduction and EBITDA growth to achieve a new long-term net leverage target of 2.5 times.
Continuing strong performance in global beverage operations and leveraging efficiencies in manufacturing provides opportunities for sustained profitability.
公司專注於推動債務減少和EBITDA增長，以實現2.5倍的新長期淨槓桿率目標。
在全球飲料業務中持續強勁表現，並利用製造效率提供了持續盈利的機會。
Risks:
風險：
Noted demand softness across most business areas except for global beverage can volumes and North American food can volumes, which may impact future revenue diversification and resilience.
Operational disruptions like the non-cash pension charge significantly affected earnings per share this quarter.
注意到除全球飲料罐成交量和北美食品罐成交量外，大部分業務領域需求疲軟，這可能影響未來營收多樣化和抗風險性。
本季度諸如非現金養老金支出等運營中斷嚴重影響了每股收益。
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。
