Ranpak Holdings Corp. (PACK) Q3 2024 Earnings Call Transcript Summary
Ranpak Holdings Corp. (PACK) Q3 2024 Earnings Call Transcript Summary
Net revenue in North America increased by 15.5% year-over-year on a constant currency basis, predominantly driven by void-fill activity.The following is a summary of the Ranpak Holdings Corp. (PACK) Q3 2024 Earnings Call Transcript:
以下是Ranpak Holdings Corp. (PACK) 2024年第三季度業績會議呼叫TRANSCRIPT摘要：
Financial Performance:
金融業績：
Ranpak reported a 10.5% increase in third quarter net revenue on a constant currency basis, driven by a 14.7% increase in volumes offset by lower price mix.
Adjusted EBITDA increased 13.9% year-over-year to $20.5 million, with an associated margin of 21.6%.
Net revenue in North America increased by 15.5% year-over-year on a constant currency basis, predominantly driven by void-fill activity.
European and Asia-Pacific net revenues grew 7.1% on a constant currency basis, propelled by a 9% volume growth.
Gross margin for the quarter was reported at 37.5%, approaching the year's target range of 37% to 38%.
Ranpak報告第三季度淨營業收入按照恒定貨幣計算增長10.5%，主要受到成交量增長14.7%的推動，部分抵消了價格結構的下降。
調整後的EBITDA同比增長13.9%，達到2050萬美元，相應的毛利率爲21.6%。
北美地區淨營業收入按照恒定貨幣計算同比增長15.5%，主要受到填充材料活動的推動。
歐洲和亞太地區的淨營收按照恒定貨幣計算增長了7.1%，主要受到9%的成交量增長的推動。
本季度的毛利率報告爲37.5%，接近年度目標區間37%至38%。
Business Progress:
業務進展：
Ranpak's strategic account activity, particularly in North America, continues to be robust, contributing to fifth consecutive quarter of volume growth.
The Malaysia production facility went live in August, enhancing the company's capability in Asia-Pacific and contributing to international growth.
Growth in the installed base of converting machines was notably driven by an increase in automation and void-fill systems.
Ranpak continues to drive automation and digital integration, increasing relevance in large enterprise accounts with holistic solutions that enhance operational efficiency.
Ranpak在北美的戰略帳戶活動繼續強勁，爲成交量增長連續第五個季度做出貢獻。
馬來西亞生產設施於八月投入使用，增強了公司在亞太地區的能力，並推動了國際增長。
換能機安裝基數的增長明顯受到自動化和填充系統增加的推動。
Ranpak繼續推動自動化和數字集成，通過提供增強運營效率的整體解決方案，在大型企業帳戶中增加影響力。
Opportunities:
機會：
Expansion in strategic accounts and automation services provide significant growth potential, especially with the integration of digital and machine learning capabilities to win large accounts.
The new Malaysia facility positions Ranpak well for scaling up operations and sales in the Asia-Pacific region.
The ongoing shift from plastic to paper packaging solutions in North America represents a sustainable growth avenue, leveraging environmental trends.
戰略帳戶和自動化服務的擴展提供了顯著增長潛力，尤其是通過整合數字和機器學習能力贏得大型帳戶。
新的馬來西亞設施使Ranpak在亞太地區擴大運營和銷售的位置更加有利。
在北美由塑料轉向紙類包裝解決方案代表了一條可持續增長途徑，利用環保趨勢。
Risks:
風險：
Current economic stagnation in European markets could impact future growth and pricing strategies in the region.
The high reliance on strategic accounts may pose risks if there are any shifts in client requirements or contract terms.
歐洲市場目前的經濟停滯可能會影響該地區未來的增長和定價策略。
對戰略帳戶的高度依賴，如果客戶需求或合同條款發生任何變化，可能會帶來風險。
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。