Avnet, Inc. (AVT) Q1 2025 Earnings Call Transcript Summary
Avnet, Inc. (AVT) Q1 2025 Earnings Call Transcript Summary
Operating income was reported at $169 million with an adjusted operating margin of 3%.The following is a summary of the Avnet, Inc. (AVT) Q1 2025 Earnings Call Transcript:
以下是宏捷科技（Avnet, Inc.）2025年第一季度業績會交易摘要：
Financial Performance:
金融業績：
Avnet reported Q1 2025 sales of $5.6 billion, with adjusted EPS of $0.92, exceeding guidance.
Gross margin for the quarter was 10.8%, influenced by a sales mix shift towards Asia and performance at Farnell.
Operating income was reported at $169 million with an adjusted operating margin of 3%.
Cash flow from operations was strong at $106 million despite significant income tax payments.
宏捷科技報告2025年第一季度銷售額爲56億美元，調整後每股收益爲0.92美元，超出預期。
本季度毛利率爲10.8%，受亞洲銷售佔比提升和Farnell業績影響。
營業收入報告爲16900萬美元，調整後營業利潤率爲3%。
儘管繳納了大額所得稅，運營現金流強勁，達到10600萬美元。
Business Progress:
業務進展：
Growth in the Asia region with a 14% sequential and 6% year-on-year increase, especially in server and data center markets.
Farnell underperformed due to challenges in the EMEA macro environment, under new leadership focusing on restructuring and cost reduction.
Emphasized the digital automation and strategic focus on distribution to enhance market share.
Notable performance in aerospace and defense sectors with ongoing softness in industrial and transportation.
亞洲地區增長持續，順序增長14%，同比增長6%，特別是在服務器和idc概念市場。
Farnell由於歐洲、中東、非洲地區宏觀環境困難而表現不佳，在新的領導層關注重組和成本削減。
強調數字自動化和戰略集中在分銷，以增強市場份額。
在航空航天與國防領域表現顯著，工業和運輸方面持續疲軟。
Opportunities:
機會：
Positive signs of recovery in the Asia market, indicating potential upcoming growth in other regions.
Strategic enhancements in digital automation to better serve the mass market and improve operational efficiency.
亞洲市場出現復甦跡象，預示其他地區可能會有增長。
對數字自動化進行戰略性增強，以更好地服務大衆市場，並提高運營效率。
Risks:
風險：
Current market correction impacting performance, with uncertain recovery timeline.
Farnell's performance decline due to a challenging EMEA economic environment, but restructuring efforts are in place.
目前市場調整影響表現，復甦時間線不確定。
Farnell的表現下降是由於具有挑戰性的歐洲、中東、非洲經濟環境，但已經進行了重組努力。
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譯文內容由第三人軟體翻譯。