Tennant Company (TNC) Q3 2024 Earnings Call Transcript Summary
Tennant Company (TNC) Q3 2024 Earnings Call Transcript Summary
GAAP net income decreased to $20.8 million from $22.9 million last year.The following is a summary of the Tennant Company (TNC) Q3 2024 Earnings Call Transcript:
以下是坦能公司（TNC）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
金融業績：
Q3 2024 net sales increased by 3.6% to $315.8 million.
GAAP net income decreased to $20.8 million from $22.9 million last year.
2024年第三季度淨銷售額增長3.6%，達到31580萬美元。
按照美國通用會計準則，淨利潤從去年的2290萬美元下降至2080萬美元。
Business Progress:
業務進展：
Launched T291 scrubber in North America targeting midsize sectors.
Over 8,700 automated mobile robots deployed, with 2,200 added in 2024.
在北美推出T291洗地機，針對中型行業。
超過8,700台自動移動機器人已部署，2024年增加了2,200台。
Opportunity:
機會：
Strong demand in Americas with effective price realization and new products.
Expanded global presence with i-mop products in Brazil, France, Portugal, and Spain.
在美洲需求強勁，價格實現有效，新產品推出。
全球貨幣業務擴展至巴西、法國、葡萄牙和西班牙，增加了i-mop產品。
Risk:
風險：
Economic uncertainties in APAC, particularly challenges in China's market.
Volume declines in EMEA and extended replacement cycles affecting sales.
在亞太地區經濟不確定性增加，尤其是中國市場面臨挑戰。
歐洲、中東和非洲地區成交量下降，延長更換週期影響銷售。
Financial Performance:
金融業績：
Q3 2024 net sales increased by 3.6% to $315.8 million.
GAAP net income was recorded at $20.8 million, down from $22.9 million in the previous year.
Adjusted EBITDA rose to $47.9 million, with an adjusted EBITDA margin of 15.2%.
Organic net sales growth was achieved, and the company managed to yield 1.8% price increases and 0.9% volume growth on a constant-currency basis.
The company's regional performance varied, with growth in the Americas, while volume declines were seen in EMEA and APAC, and backlog reduction accelerated more than expected.
2024年第三季度淨銷售額增長了3.6%，達到31580萬美元。
根據通用公認會計准則，淨收入爲2080萬美元，較上一年的2290萬美元下降。
調整後的EBITDA上升至4790萬美元，調整後的EBITDA利潤率爲15.2%。
實現了有機淨銷售增長，並且公司在恒定貨幣基礎上實現了1.8%的價格上漲和0.9%的成交量增長。
公司的地域績效各不相同，美洲增長，而歐洲、中東和非洲以及亞太地區的成交量下降，積壓訂單的減少超過預期。
Business Progress:
業務進展：
Tennant introduced the T291 small walk-behind scrubber in North America, targeting midsize retail, healthcare, and education sectors.
The TCS acquisition in Eastern Europe displayed strong performance and exceeds expectations.
Continuing investment in automated mobile robots (AMRs), with over 2,200 units deployed in the first nine months of 2024, bringing total deployments to over 8,700 units.
The ERP modernization journey remains on track with go-live launches planned for 2025 to support global scalability and improve operational efficiencies.
坦能在北美推出了T291型小型手推式洗地機，針對中等零售、醫療和教育部門。
東歐的TCS收購表現強勁，超出預期。
繼續投資於自動移動機器人(AMR)，在2024年前九個月部署了超過2200台單位，累計部署量超過8700台。
ERP現代化之旅仍在計劃之中，預計2025年啓動上線，以支持全球可擴展性和提高運營效率。
Opportunities:
機會：
Strong demand in the Americas, supported by effective price realization and new product launches.
Strategic shifts to focus on less competitive, higher-margin product categories, particularly in APAC.
The introduction of Tennant branded legacy products targeting niche markets is driving additional revenue and margins.
Global expansion efforts such as entering new geographic markets, including the successful introduction of the i-mop products in Brazil, France, Portugal, and Spain.
在美洲地區需求強勁，得益於有效的價格實現和新產品推出支持。
戰略轉變，專注於競爭較少、利潤較高的產品類別，尤其是在亞太地區。
引入坦能品牌的傳統產品，瞄準利基市場，推動額外的營業收入和利潤率。
全球擴張努力，包括進入新的地理市場，成功推出i-mop產品在巴西、法國、葡萄牙和西班牙的引入。
Risks:
風險：
Ongoing economic uncertainties in the APAC region, particularly with challenges posed by China's market.
Volume declines in the EMEA region due to weaker-than-expected market conditions.
Extended replacement cycles in certain markets like the rental channel are affecting the normal sales trajectory, potentially leading to backlogged orders.
Integration costs related to recent acquisitions and the ERP implementation are initially increasing operating expenses.
亞太地區持續的經濟不確定性，尤其是中國市場帶來的挑戰。
歐洲、中東、非洲地區由於市場條件低於預期，導致成交量下降。
在租賃渠道等某些市場延長的更換週期影響了正常的銷售軌跡，可能導致訂單積壓。
與最近收購和ERP實施相關的整合成本最初增加了營業費用。
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。
