Darling Ingredients Inc. (DAR) Q3 2024 Earnings Call Transcript Summary
Darling Ingredients Inc. (DAR) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Darling Ingredients Inc. (DAR) Q3 2024 Earnings Call Transcript:
以下是美國達爾令國際股份有限公司(DAR)2024年第三季度業績會交易記錄總結:
Financial Performance:
金融業績:
Darling Ingredients reported a net income of $16.9 million, a decrease from the previous year's $125 million.
Total net sales decreased to $1.4 billion from $1.6 billion in 2023.
Operating income declined by $118.3 million to $60.1 million mainly due to a significant drop in gross margin and equity income from Diamond Green Diesel.
Net sales for the first nine months decreased to $4.3 billion from $5.2 billion last year, and operating income also fell substantially to $345.8 million.
The company reduced debt by approximately $192 million and paid down its total outstanding debt to $4.246 billion.
美國達爾令國際報告淨利潤1690萬美元,較上一年的12500萬美元有所下降。
總淨銷售額從2023年的16億美元下降至14億美元。
營業利潤減少了11830萬美元,主要是由於毛利率和金剛石綠色柴油的股本收益大幅下滑,降至6010萬美元。
頭九個月的淨銷售額從去年的52億美元下降到43億美元,營業利潤也大幅降至34580萬美元。
該公司將債務減少約19200萬美元,並將總未償債務償還至42.46億美元。
Business Progress:
業務進展:
Diamond Green Diesel paid a dividend of $111.2 million to Darling Ingredients during the quarter.
The sustainable aviation fuel unit is mechanically complete and is currently commissioning.
Darling Ingredients showcased Nextida.GC, a natural collagen product at a trade show, which significantly lowers glucose spikes by an average of 42%.
Capital expenditures for the next quarter are projected within the range of $450 million to $500 million.
金剛石綠色柴油在本季度向美國達爾令國際支付了11120萬美元的股息。
可持續航空燃料部門已經機械完成,並目前正在進行調試。
美國達爾令國際在一場貿易展上展示了Nextida.GC,這是一種天然膠原蛋白產品,平均降低血糖峯值42%。
下一季度的資本支出預計在45000萬美元至50000萬美元的區間內。
Opportunities:
機會:
Positive market conditions for 2025 are expected to drive margin improvement in specialty ingredients and fat prices globally.
The transition to the Clean Fuels producer credit (45Z) is anticipated to bring favorable conditions, particularly for waste fats.
2025年積極的市場條件預計將推動全球特殊配料和脂肪價格的邊際改善。
轉向潔淨燃料生產者信用(45Z)有望帶來有利條件,特別是對廢油脂而言。
Risks:
風險:
The Feed segment experienced lower volumes due to softer demand in China and capacity increases in Brazil.
Diamond Green Diesel faces ongoing margin challenges amid regulatory uncertainties in RINs and LCFS markets.
由於中國需求疲軟和巴西產能增加,飼料業務區間體驗了較低的銷量。
金剛石綠色柴油在RINs和LCFS市場的監管不確定性下面臨持續的毛利挑戰。
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譯文內容由第三人軟體翻譯。