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Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary

Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary

Garrett Motion Inc.(GTX)2024年第三季度業績會呼叫文本摘要
富途資訊 ·  10/24 23:09  · 電話會議

The following is a summary of the Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript:

以下是garrett motion公司(GTX)2024年第三季度業績會交流摘要:

Financial Performance:

金融業績:

  • In Q3 2024, Garrett Motion reported an adjusted EBITDA margin of 17.4%, up 160 basis points year-over-year.

  • Garrett generated $71 million of adjusted free cash flow and repurchased $52 million of common stock.

  • The company achieved a highlighted decremental margin of less than 6% in a softer sales environment.

  • They reported a net income of $248 million with consistent operational execution.

  • 2024年第三季度,Garrett Motion報告調整後的EBITDA利潤率爲17.4%,同比增長160個點子。

  • Garrett創造了7100萬美元的調整自由現金流,並回購了5200萬美元的普通股。

  • 公司在較爲疲軟的銷售環境中實現了低於6%的突出邊際降幅。

  • 他們報告淨利潤爲24800萬美元,操作執行一致。

Business Progress:

業務進展:

  • Garrett continues to expand in turbo and zero-emission vehicle technologies.

  • They are experiencing strong commercial wins across all turbo verticals, evidenced by significant new contracts, notably a joint development for next-gen electric powertrain with SinoTruk.

  • Garrett繼續在渦輪和零排放交通工具技術領域擴張。

  • 他們在所有渦輪垂直領域取得了強勁的商業勝利,這主要表現在重要的新合同上,尤其是與中國重汽合作開發下一代電動動力總成。

Opportunities:

機會:

  • Growth in large turbos driven by increased demand in data centers.

  • Accelerated development activities with customers for plug-in hybrid powertrains, particularly in North America.

  • Strategic focus on differentiated technologies for electrification, aided by received awards like the 2024 Stellantis Innovation Award.

  • 大型渦輪增長受數據中心需求增加驅動。

  • 加快與客戶的插電式混合動力總成開發活動,尤其是在北美地區。

  • 專注於差異化技術,用於電氣化,獲得獎項,比如2024年Stellantis創新獎。

Risks:

風險:

  • Continued softness in the light vehicle industry, particularly in Europe and China, affecting Garrett's performance.

  • 輕型車輛行業持續疲軟,尤其是在歐洲和中國,影響garrett motion的業績。

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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譯文內容由第三人軟體翻譯。


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