Nexa Resources S.A. (NEXA) Q3 2024 Earnings Call Transcript Summary
Nexa Resources S.A. (NEXA) Q3 2024 Earnings Call Transcript Summary
A decrease in net leverage ratio to 2.2, an improvement from previous quarters.The following is a summary of the Nexa Resources S.A. (NEXA) Q3 2024 Earnings Call Transcript:
以下是Nexa Resources S.A.（nexa resources）2024年第三季度業績會交易摘要：
Financial Performance:
金融業績：
Nexa Resources reported a strong quarter with total consolidated net revenues of $709 million, up 9% year-over-year, largely due to higher average LME prices.
Adjusted EBITDA was $183 million, 111% higher than the previous year's same quarter, with an EBITDA margin around 26%.
A decrease in net leverage ratio to 2.2, an improvement from previous quarters.
Due to enhanced operational performance and high zinc prices, they have reduced their net leverage and improved their financial stability.
Nexa Resources報告了一個強勁的季度，總共合併淨收入爲70900萬美元，同比增長9%，這主要是由於較高的平均LME價格。
調整後的EBITDA爲18300萬美元，比去年同期高出111%，EBITDA利潤率約爲26%。
淨槓桿比率降至2.2，較之前幾個季度有所改喯。
由於業務表現提升和鋅價上漲，他們減少了淨槓桿，改善了財務穩定性。
Business Progress:
業務進展：
Completed the sale of the Pukaqaqa greenfield project and a non-operational Peruvian subsidiary as part of their portfolio optimization strategy.
Advancements in the Cerro Pasco integration project, including the initiation of a tailings pumping system, are expected to prolong operational capabilities and conserve capital on high-return assets.
Achieved significant progress at the Aripuanã mine with increased treated ore volumes and subsequent EBITDA growth, despite facing some operational challenges.
完成了Pukaqaqa綠地項目和秘魯的一個非運營附屬公司的出售，作爲他們的組合優化策略的一部分。
預計 Cerro Pasco 整合項目的進展，包括尾礦抽水系統的啓動，將延長運營能力並節約高回報資產上的資金。
在 Aripuanã 礦山取得了顯著進展，處理礦石量增加，隨後的 EBITDA 增長，儘管面臨一些運營挑戰。
Opportunities:
機會：
Continued tightness in the supply market for zinc presents an opportunity for sustained high prices, which Nexa is well-positioned to capitalize on.
Expansion initiatives like the Cerro Pasco project and enhancements at Aripuanã indicate a strategic focus on long-term production capability and efficiency.
鋅供應市場持續緊張，爲維持高價格提供了機會，nexa resources 已做好利用的準備。
Cerro Pasco 項目的拓展舉措以及 Aripuanã 的改進表明戰略上聚焦於長期生產能力和效率。
Risks:
風險：
Discussed operational challenges including the need for an additional tailings filter at Aripuanã which limits the mine's capacity, restricting it to 90% throughout 2025.
Persistent negative TCs (Treatment and Refining Charges) in the market may impose financial pressures, prompting potential production cuts if unprofitable.
討論了運營挑戰，包括 Aripuanã 需要額外的尾礦過濾器，限制了礦山的產能，使其在 2025 年限制在 90%。
市場上持續存在負面的 TCs（處理和精煉費用）可能會帶來財務壓力，如果不盈利，可能會導致潛在的減產。
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。
