CAE Inc. (CAE) Q2 2025 Earnings Call Transcript Summary
CAE Inc. (CAE) Q2 2025 Earnings Call Transcript Summary
Capital expenditures totaled $57.0 million, focused on growth and expanding global training network capabilities.The following is a summary of the CAE Inc. (CAE) Q2 2025 Earnings Call Transcript:
以下是 cae inc.（CAE）2025年第二季度業績會的總結：
Financial Performance:
財務表現：
CAE reported a revenue of $1.14 billion, up 8% compared to the same quarter last year with an adjusted segment operating income of $149.0 million, up from $135.6 million.
Net finance expenses increased to $52.9 million due to higher expenses on lease liabilities and lower long-term debt.
Capital expenditures totaled $57.0 million, focused on growth and expanding global training network capabilities.
Free cash flow of $140 million this quarter, slightly down from $147.4 million due to lower non-cash working capital contributions.
Net debt to adjusted EBITDA ratio was 3.25 times, slightly increased due to legacy contract impacts.
CAE報告的營業收入爲11.4億，較去年同期增長8%，調整後的板塊運營收入爲14900萬，較13560萬有所上升。
淨財務費用因租賃負債成本上升和長期債務下降增加至5290萬。
資本支出總計5700萬，重點用於增長和擴展全球培訓網絡能力。
本季度自由現金流爲14000萬，較14740萬略有下降，原因是非現金營運資本貢獻減少。
淨債務與調整後的EBITDA比例爲3.25倍，因遺留合同影響稍有增加。
Business Progress:
業務進展：
Extended leadership in civil and defense markets, securing nearly $3 billion in orders, bringing the backlog to a record $18 billion.
Delivered 18 full flight simulators, with training center utilization at 70%.
Recorded strong order flow in civil market with a 1.08 book-to-sales ratio on 12% higher revenue than last year.
In defense, CAE secured a transformative $1.7 billion award under Canada's Future Aircrew Training program, with a defense backlog up 94% year-over-year.
在民用和軍工市場中擴大領導地位，確保近30億的訂單，使積壓訂單達到創紀錄的180億。
交付了18套全飛行模擬器，培訓中心的利用率達到70%。
記錄了民用市場強勁的訂單流，書籍與銷售比率爲1.08，比去年營業收入增長12%。
在軍工方面，cae inc獲得了加拿大未來機組人員訓練計劃的一個變革性17億獎項，軍工積壓同比增長94%。
Opportunities:
機會：
The civil sector driven by high demand for pilots and pilot training amidst global fleet expansion.
Defense sector benefits from increased budgets and heightened focus on modernization and readiness, emphasizing CAE's role in training and simulation solutions.
民用板塊受到全球機隊擴張中對飛行員和飛行員培訓的高需求驅動。
軍工股受益於預算增加以及對現代化和戰備的高度重視，強調了CAE在培訓和模擬解決方案中的作用。
Risks:
風險：
OEM aircraft supply disruptions impacting commercial aviation training utilization.
Uncertain global economic and geopolitical environments might affect market conditions and customer decisions, evidenced by temporary pressures on initial training and pilot churn in the Americas.
OEM飛機供應中斷影響商業航空培訓利用率。
不確定的全球經濟和地緣政治環境可能影響市場條件和客戶決策，體現在美洲初始培訓和飛行員流動率的臨時壓力上。
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。
